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Cranford officials outline housing element, say plan meets fair‑share using credits; give tax breakdowns for recent projects
Summary
Mayor Terrence Curran told the Township Committee that Cranford’s housing element and fair share plan meets state obligations using existing credits and overlay zones, and officials supplied a breakdown of tax and PILOT payments for recent projects.
Mayor Terrence Curran on June 24 summarized Cranford’s housing element and fair share plan, saying the municipal plan “meets that goal” and uses existing credits so the township need not rely on large new developments to satisfy its affordable‑housing obligations.
Curran said the plan implements requirements of New Jersey’s fair‑share housing framework and the Mount Laurel decisions and is available on the planning board web page. The mayor said Cranford’s fourth‑round obligation was listed as 268 units and that, with vacant‑land adjustments, the town’s “realistic developmental potential” was satisfied by preexisting credits and overlay zones.
The mayor also gave a detailed breakdown of taxes and PILOT (payment‑in‑lieu‑of‑tax) arrangements for several developments. He said the 740 Walnut…
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