By Real Estate NJ
Arguments before the state Supreme Court are now underway in one of the more pivotal cases tied to New Jersey’s beleaguered affordable housing policy, centering on the so-called gap years in which developers and towns were without clear guidelines.
Published reports Wednesday detailed the start of hearings before the court. At issue is whether municipalities must allow for the building of tens of thousands of low- and moderate-income units between 1999 and the present, when the Council on Affordable Housing failed to produce guidelines that weren’t challenged in court.
Published reports said the hearing was tense, with several judges expressing skepticism over whether the municipalities should be able to void those years altogether.
The state Supreme Court is hearing the case on appeal from the Fair Share Housing Center, which challenged a lower court’s decision that sided with a group of Jersey Shore municipalities seeking to reduce their obligation. The Supreme Court last year stripped COAH of its duties after years of inaction, but efforts to broker settlements between towns and housing advocates have come alongside continued court battles over issues such as the gap period.
For more, see Wednesday’s story by The Philadelphia Inquirer.
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Editor’s note: The Rundown is a regular feature by Real Estate NJ in which we recap commercial real estate stories and headlines from across the state.