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Old Tappan council backs state bill review, urges reexamination of affordable‑housing formula
Summary
Council recorded and adopted a resolution supporting New Jersey Senate Bill S4065, asking the legislature to reexamine the state's affordable‑housing prospective‑need formula; council members said they support affordable housing but find the current formula overly aggressive for small municipalities.
Council members voted to place on the record a resolution supporting state Senate Bill S4065 to amend New Jersey’s affordable‑housing prospective‑need formula.
Council President Boyse introduced the resolution and highlighted an example in its whereas clauses noting a statewide projection of 84,698 new units that the borough and other small communities regard as ‘‘dubious.’’ Mayor Thomas Gallagher said Old Tappan is not opposed to affordable and moderate‑income housing in principle but described the town’s view that the formula unduly burdens small municipalities. The council adopted the resolution by roll call with no further debate recorded.
Council members said the resolution is intended to join other municipalities asking the state to reexamine methodology and consider adjustments for smaller towns.
