CHA to review housing goals

[housing goals]

Cranbury Housing Association looks to the future with newly appointed consultant to review current projects and help set goals for new ones.

Cranbury Housing Associates is getting ready to embark on a review of the township's affordable housing obligations as it waits for the state to set new requirements.
CHA is set to begin working with a recently appointed housing consultant to review its current projects and outline what it plans for the future.
To help CHA with future projects, the Township Committee is considering raising the amount it charges developers from ½ percent of the assessed value of new residential development to 1 percent and from 1 percent to 2 percent on nonresidential building. The committee is expected to vote on the proposal Monday.
The fees would go into the township's affordable housing trust fund and be used to build new units or work with other communities using a state-approved transfer mechanism.

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