Possibility of school-age children (gasp!) threatens housing bill

Posted by on Apr 27, 2009 in Age-Restricted Housing, COAH and Affordable Housing Issues, Distressed Housing Market

By: Henry T. Chou, Esq.
Over a month ago, both Houses of the New Jersey Legislature passed a bill (A3772/S2577) that would allow certain approvals for age-restricted (55+) developments to be converted to approvals for non-age restricted developments, provided the builder meets certain conditions and agrees to provide a percentage of affordable housing as part of the development.

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Council on Affordable Housing Finally Grants Substantive Certification to Municipalities

Posted by on Apr 13, 2009 in COAH and Affordable Housing Issues

By: Henry T. Chou, Esq.
Last week, the New Jersey Council on Affordable Housing (COAH) finally began granting substantive certification to municipalities for the “third round” compliance period concerning affordable housing obligations from 2008 to 2018. Substantive certification is COAH’s determination that housing plans created by municipalities adequately address the need for affordable housing in those communities.

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Governor Corzine Signs Bill to Encourage Solar Panel Use

Posted by on Apr 6, 2009 in Green Building

By: Henry T. Chou, Esq.
The State’s goal of transitioning the public’s reliance on fossil fuels to renewable energy sources came one step closer to reality when Governor Corzine signed Bill A1558/S2265 into law on March 31, 2009. The bill requires developers of 25 or more homes to offer new home buyers the option of installing solar panel systems. It also requires the Board of Public Utilities to adopt minimum standards of efficiency for solar panel systems installed by developers.

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