Corzine signs affordable housing overhaul

July 17, 2008 5:38:43 PM PDT
Suburban New Jersey towns can no longer pay cities to provide their share of low-income housing. Gov. Jon Corzine has signed a bill closing a loophole in affordable housing legislation that has been troubling anti-poverty advocates for decades.

Supporters of the revamped law say it will finally open the suburbs to the state's poor and minority residents.

Those opposed to the measure say it will cost taxpayers more and force suburban towns to build on parks, soccer fields and other open spaces.

The newly signed bill means suburban communities can no longer pay an assessed contribution to a city to build affordable units. They will now have to build them in their own municipalities.