From NJ State Assemblyman Joe Roberts: NJ needs a new plan for affordable housing

Sunday, August 26, 2007

By JOE ROBERTS
For the Courier-Post

New Jersey needs a housing policy that promotes -- not prevents -- the ability of our residents to live where they work. Regional contribution agreements (RCAs) are a barrier to that goal.

RCAs -- which the state sanctions -- allow affluent municipalities to sell off half of their affordable housing obligation to cash-strapped urban communities. The wealthy "sending" towns in an RCA arrangement pay another town to assume its low- and middle-income housing and the urban "receiving" communities take the money because they need it.

http://www.courierpostonline.com/apps/pbcs.dll/article?AID=/20070826/OPI...

Comments

Write your comments in the box below and share on your Facebook!