Green Praises Preservation of Affordable Housing Funds in FY 2014 Budget

Assembly Housing and Local Government Committee Chair Jerry Green applauded the fact that the FY 2014 budget advanced by the Assembly Budget Committee on Thursday preserves the funding for affordable housing that the Christie administration had previously tried to confiscate for the general fund.

“This has been a lengthy battle, but one that was certainly worth it because this funding is crucial to municipalities and low and middle income residents trying to pursue the American dream.

“It’s unfortunate that this money has been tied up by legal battles this year, but thanks to the sound judgment of the courts, I’m pleased that we’ve finally been able to reach an agreement.

“Families throughout New Jersey are struggling to find homes within their means in a state with one of the highest costs of living in the country. Meanwhile, towns have been powerless to help because they have been kept in limbo for far too long.

“The resolution of this matter is long overdue but certainly welcome,” said Green (D-Somerset/Middlesex/Union).