News & Analysis as of

New Jersey Affordable Housing Real Estate Development

Mandelbaum Barrett PC

New Jersey Introduces Accelerated Depreciation for Affordable Housing

Mandelbaum Barrett PC on

In a bid to incentivize the development of affordable housing, New Jersey has implemented a significant policy change. Effective from the tax year beginning on January 1, 2025, the state now offers accelerated depreciation...more

Fox Rothschild LLP

New Jersey Passes Affordable Housing Law

Fox Rothschild LLP on

New Jersey is ushering in a new era of state affordable housing guidelines. The New Jersey Assembly and Senate recently passed affordable housing legislation and Gov. Phil Murphy has signed it into law. For New Jersey...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Enacts Landmark Legislation to Overhaul Affordable Housing Laws

On March 20, 2024, New Jersey enacted legislation which substantially revises the Fair Housing Act governing housing for low-income and moderate-income families in New Jersey. The new law is intended to streamline compliance...more

Fox Rothschild LLP

New Jersey Legislature Passes Affordable Housing Bill

Fox Rothschild LLP on

The New Jersey Legislature passed affordable housing legislation today that will usher in a new era of state affordable housing guidelines. While A4 has passed in both the New Jersey Assembly and Senate, it still awaits the...more

Greenbaum, Rowe, Smith & Davis LLP

NJ Appellate Division Reverses Certain Radburn Regulations Impacting Community Associations

On February 23, 2024, the Superior Court of New Jersey Appellate Division issued its opinion in a case involving regulations promulgated by the New Jersey Department of Community Affairs (DCA) – commonly referred to as the...more

Greenbaum, Rowe, Smith & Davis LLP

An Overview of Amendments to the New Jersey Aspire Program

What You Need to Know- •The New Jersey Aspire Program has been amended to incentivize developers seeking to close project financing gap costs associated with commercial, mixed use, and residential real estate development...more

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