The Newark Municipal Council meeting on September 30, 2025, focused on significant developments in affordable housing and tax incentives. A key discussion involved a proposed ordinance that would grant a 30-year tax abatement to New Community Homes Development LP for the construction of a new four-story building. This project aims to provide 120 affordable housing units in the Central Ward.

The proposed building will include a mix of unit types: 24 one-bedroom units, 72 two-bedroom units, and 24 three-bedroom units. Notably, 60 of these rental units will be designated for tenants earning 60% or less of the area median income (AMI), while 44 units will be available for those at 50% AMI or below, and 16 units will cater to tenants at 30% AMI or less.

During the meeting, council members discussed the need to amend the ordinance to clarify the entity involved, ensuring accurate documentation before proceeding. The council expressed support for advancing the motion, with a second from Councilwoman Scott Rountree.

This initiative reflects the council's ongoing commitment to addressing affordable housing needs in Newark, aiming to provide more accessible living options for low-income residents. The next steps will involve further review and potential adoption of the ordinance in upcoming meetings.