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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>housing plan</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Jul 29 2005, 10:50 pm EDT<span class="gen"> </span> Post subject: Town explores housing plan</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="font-weight: bold">Cranbury struggles to meet state-mandated affordable housing obligation.</span> <br /> <br /> If Cranbury wants another community to help it meet its state-mandated affordable housing obligation, it will likely have to pay more in a shorter period of time than the Township Committee initially anticipated. <br /> <br /> The township's affordable housing consultant, Mary Beth Lonergan, told the committee Monday that communities that might be interested in building about 80 units of affordable housing want towns to pay development costs up front. Ms. Lonergan estimates that Cranbury will have to build a total of 160 income-restricted units, by building within the township or paying the costs of building in regional urban communities in the third round of the state Council on Affordable Housing's affordable housing program, which runs from 2004 to 2015. <br /> <br />(<a href="http://www.zwire.com/site/news.cfm?newsid=14945795&BRD=1091&PAG=461&dept_id=425419&rfi=6" target="_blank" class="postlink">more...</a>)</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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