Affordable Housing

A philanthropic foundation says many New Jersey residents struggle with the high costs of housing.

The Fund for New Jersey is making several recommendations to increase the amount of affordable homes.

Staci Berger leads the Housing and Community Development Network of New Jersey. She says one proposed initiative would provide $600 million in tax credits for developers to build affordable housing for working families, seniors, and people with disabilities.

New Jersey lawmakers are considering legislation to encourage the development of tiny homes to help meet the needs of the homeless and low-income residents.

Under the plan, towns in three regions of the state would be tapped for a pilot program that awards grants to qualified applicants who build homes with less than 300 square feet of interior floor space.

The towns would be get two credits toward their affordable housing obligation for each of tiny houses built.