Search
 

Lesniak: After Stimulus Bill Passage, COAH Reform

MONROE TOWNSHIP, NJ-State Sen. Raymond J. Lesniak (D-Union) told a gathering of the New Jersey Business & Industry Assoc. that reform of the state's COAH regulations is on the way.

By Maria Wood | Updated on July 01, 2009

MONROE TOWNSHIP, NJ-Following the passage of the Economic Stimulus Act of 2009, the bill’s senate sponsor, State Sen. Raymond J. Lesniak (D-Union), told a gathering of the New Jersey Business & Industry Assoc. Tuesday that reform of the state’s COAH regulations is on the way.

“We have not seen the last of COAH reform,” he said. COAH, or the Council on Affordable Housing, regulates and monitors municipal affordable housing obligations throughout the state.

Lesniak said that he is circulating a COAH reform package currently and hopes by the end of the year to do away with what he termed its “Dr. Strangelove philosophy that if you create more jobs, it costs you more. It’s a disincentive for job growth.” Included in the Stimulus Bill was an exemption for certain non-residential projects from the 2.5% COAH fee, a measure many industry groups supported.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.