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Ridgewood adopts start of fourth‑round affordable housing process, cites 394‑unit preliminary obligation
Summary
The Village Council voted Jan. 29 to enter New Jersey’s fourth‑round affordable housing process and to declare a preliminary municipal obligation of 394 new‑construction units and a rehabilitation obligation of four units for 2025–2035.
The Village Council on Jan. 29 voted to participate in New Jersey's fourth‑round affordable housing process and to adopt a preliminary municipal obligation that the planner recommended: a 4‑unit rehabilitation obligation and a 394‑unit new‑construction obligation for the 2025–2035 period.
Planner Beth McManimus told the council the state Department of Community Affairs had calculated a 427‑unit obligation, but her review determined DCA overstated Ridgewood's developable land in some instances. "What I would recommend…
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