Cranbury Forum | Bulletin | Info Sharing
[Click here to bookmark this page: http://cranbury.info]
▪
Cranbury School
▪
Cranbury Township
▪
Cranbury Library
▪
Cranbury.org
▪
Cranburyhistory.org
(Press Ctrl and = keys to increase font size)
Search
Register (optional)
Log in to check your private messages
Log in
[http://cranbury.info]
->
News | Events
Post a reply
Username
Subject
Message body
Emoticons
Font colour:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
White
Black
Font size:
Tiny
Small
Normal
Large
Huge
Close Tags
[quote="Guest"]This article shows the particularly bad spot Cranbury is in. We have finally gotten to the point where everyone wants to get rid of COAH. That is positive. However, we are back to the original problem posed by the Mt Laurel ruling. Who will pay for it. They state has always ducked any responsibility to pay for affordable housing. This leaves only two places to find any money, developers and municipalities. While I agree with Christie that a surcharge on developers would curtail development, the alternative is higher municipal taxes. I would argue the governor should take a drive through Millstone, Freehold and Marlboro and look at the overbuilt unsold McMansions. In New Jersey we had the opposite problem developers overbuilt. We don't need to build more, we need the developers to sell the inventory they have already built. One significant part of our incredibly high municipal tax rates in the state, is large scale development overwhelming what had been primarily rural infrastructure and school systems. If developers paid the true economic costs of there development(Upgraded roads, sewer systems and the like) we would not have had the massive overdevelopment we have seen in the last 10 years. At any rate, the reasoning behind Christie's veto is not good for local tax rates.[/quote]
Options
HTML is
ON
BBCode
is
ON
Smilies are
ON
Disable HTML in this post
Disable BBCode in this post
Disable Smilies in this post
All times are GMT - 4 Hours
Jump to:
Select a forum
Topics
----------------
News | Events
School | Parenting
Blogs by Cranbury Residents
Shopping | Good Deals | Price Talk
Home Sweet Home
House For Sale
Home Sales Pricing Records
Financial | Stocks | Mutual Funds
Cool Bytes & Bits
Garage Sale | ForSale Ads | Things to Trade
Tech Related (PC, Internet, HDTV, etc.)
Interesing and Fun Stuff to Share
What's Your Favorite?
Interests | Hobbies
Cranbury History
Radom Thoughts | Sports | Kitchen Sink
Amazon Deals
Local Business Info
----------------
Local Business Ads (FREE)
Support
----------------
Daily Sponsored Message & Amazon Ads
About Us | Your Privacy | Suggestion | Sponsored
Test Area (Practice your posting skills here)
Topic review
Author
Message
Guest
Posted: Tue, Nov 9 2010, 12:10 pm EST
Post subject: Re: N.J. Assembly committee advances bill abolishing Council on Affordable Housi
This article shows the particularly bad spot Cranbury is in. We have finally gotten to the point where everyone wants to get rid of COAH. That is positive. However, we are back to the original problem posed by the Mt Laurel ruling. Who will pay for it. They state has always ducked any responsibility to pay for affordable housing. This leaves only two places to find any money, developers and municipalities.
While I agree with Christie that a surcharge on developers would curtail development, the alternative is higher municipal taxes. I would argue the governor should take a drive through Millstone, Freehold and Marlboro and look at the overbuilt unsold McMansions. In New Jersey we had the opposite problem developers overbuilt. We don't need to build more, we need the developers to sell the inventory they have already built.
One significant part of our incredibly high municipal tax rates in the state, is large scale development overwhelming what had been primarily rural infrastructure and school systems. If developers paid the true economic costs of there development(Upgraded roads, sewer systems and the like) we would not have had the massive overdevelopment we have seen in the last 10 years.
At any rate, the reasoning behind Christie's veto is not good for local tax rates.
Dan Mulligan
Posted: Tue, Nov 9 2010, 5:54 am EST
Post subject: N.J. Assembly committee advances bill abolishing Council on Affordable Housing
TRENTON — A controversial bill that would abolish the Council on Affordable Housing advanced through an Assembly committee today, though its prospects of becoming law became bleak after Gov. Chris Christie pledged to veto it last week.
The bill requires that towns make 10 percent of new development affordable — with some notable exceptions — instead of relying on a system Department of Community Affairs Commissioner Lori Grifa described as “rigid, arcane and virtually unintelligible.”
MORE:
http://www.nj.com/news/index.ssf/2010/11/nj_assembly_committee_passes_b_2.html