Cranbury Conservative
Joined: Tue, Apr 29 2008, 9:26 am EDT
Posts: 287
Location: Old Cranbury Road
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 Posted: Tue, Nov 25 2008, 8:03 pm EST Post subject: Small Business Owner has to pay $4,000 to $5,000 in Affordable Housing Fees |
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It is being reported by the Press of Atlantic City http://www.pressofatlanticcity.com/182/story/325465.html that an owner of a new small laundry business in Bridgeton will have to pay between $4,000 & $5,000 in affordable housing fees in order to get his certificate of occupancy.
This is all because of Assembly Speaker Roberts affordable housing legislation which was signed into law by Governor Jon Corzine in July of this year.
The affordable housing law call for a fee of 2.5% to be assessed for a property’s estimated assessed value before a new business can open its doors.
More on my blog:
http://cranburyconservative.blogspot.com/2008/11/small-business-owner-has-to-pay-4000-to.html |
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