- New Housing Report Shows a Need of 280,000 Affordable Homes
- State Revenue Collections Up But Still Short of Projected Growth Rate
- Gubernatorial Tidbits
- Englewood Hospital & Medical Center Receives Top Rating for Hospital Safety from Leapfrog
New Housing Report Shows a Need of 280,000 Affordable Homes
The Fair Share Housing Center (FSHC) recently issued a new report framing the state’s fair housing need, finding that New Jersey is on the hook for providing 280,000 affordable housing units across the State.
Their report notes that a January 2017 New Jersey Supreme Court ruling determined that municipalities “are constitutionally obligated to provide a realistic opportunity for their fair share of affordable housing for low- and moderate-income households formed during the gap period and presently existing in New Jersey.” The “gap period” is identified as being from July 1, 1999 to June 30, 2015.
The report calculates the 280,000 estimate by identifying a total statewide obligation of 146,038 homes needed from the “gap period” and the almost 134,000 needed in the present period of 2015-2025.
The report by the Fair Share Housing Center was submitted as part of a current trial taking place in Superior Court to determine the affordable housing obligation of five Mercer County communities that have not reached a settlement. To date, over 100 municipalities varying in population size have settled their fair housing requirement, accounting for greater than 32,000 housing units.
State Revenue Collections Up But Still Short of Projected Growth Rate
The State Treasury Department released the March tax revenue data on Monday. While the March 2017 tax collections are up 2.9 percent from March 2016, they still are significantly below Treasury’s entire FY 2017 projected growth rate of 4.0 percent.
A decline in corporate business tax revenues and lottery collections account for the smaller than anticipated returns. The revenue picture becomes increasingly more important as the Legislature and Governor make policy and fiscal decisions in advance of adopting the State budget, which is constitutionally required to be in place as of July 1.
A brief compilation of news surrounding the governor’s race as we head towards the June 6th Primary:
- Phil Murphy filed 43,042 signatures to the State Division of Elections on the April 3rd filing-day to submit petitions to run for governor. This surpassed the former record of 14,835 signatures held by Governor Christie for his 2013 reelection effort. State law requires 1,000 petition signatures to run for governor.
- On Monday, Lt. Governor Kim Guadagno announced her opposition to Governor Christie’s budget proposal to use surplus funds from Horizon Blue Cross Blue Shield of NJ for in-patient and out-patient drug rehabilitation treatments.
- Assemblyman Jack Ciattarelli successfully defeated a legal challenge brought by Lt. Governor Guadagno’s campaign to disqualify him from appearing on the Republic primary ballot for Governor. The Guadagno campaign challenged the validity of several petition signatures but an Administrative Law Judge disqualified only a portion of them.
Englewood Hospital & Medical Center Receives Top Rating for Hospital Safety from Leapfrog
Englewood Hospital and Medical Center (EHMC) received an A grade from the Leapfrog Group on its annual survey. The survey grades hospitals based on their record of patient safety, helping consumers protect themselves and their families from errors, injuries, accidents, and infections, as well as the effectiveness of the medical personnel.
River Crossing Strategy Group proudly represents EHMC and congratulates the entire staff on this outstanding achievement.