Measure to let towns hold on to affordable house funds vetoed

TRENTON – Gov. Chris Christie vetoed a bill designed to create affordable housing. Sign Up For Our Daily Newsletter Sign Up

TRENTON – Gov. Chris Christie vetoed a bill designed to create affordable housing.

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A bill that was intended to let towns keep some $200 million of unspent funds to commit toward affordable housing was vetoed.

The money will go into the state  general fund as state revenue, and according to the veto message, will be used for “programs for affordable housing for households and individuals with low and moderate incomes.”

“Such programs shall include, but not be limited to state programs for: rental assistance; homelessness prevention; residential services for individuals with developmental disabilities or mental illness, parolees and other individuals in the criminal justice system; shelter assistance; and emergency assistance for individuals and families facing homelessness,” the veto message said.

Town officials and housing advocates had hoped the deadline would be extended to allow municipalities to commit the funds and not have the state take over it.

 

 

 

 

Measure to let towns hold on to affordable house funds vetoed