New Jersey Governor Proposes Development of Housing Trust Fund - Housing Info Update #27

Acting Governor Richard Codey solidified New Jersey’s commitment to helping individuals with disabilities by proposing the creation of a $200 million housing trust fund. This fund is the initial step that will assist in the creation of 10,000 permanent, affordable housing opportunities over a 10-year period and is the beginning component of a comprehensive housing plan. The trust will be funded through unused capital bond capacity identified by the State Treasure.