Tag: #affordable-housing

Middletown Township has reached a proposed settlement that would allow construction of up to 450 homes at the former Circus Liquors property on Route 35, potentially ending a years-long affordable housing dispute over the site.¹

Under the agreement, AAMHMT Property LLC, the contract purchaser of the property, would reserve 68 of the 450 homes for very-low, low- and moderate-income households. If fewer than 450 homes are ultimately built, at least 15% of the development would be designated as affordable housing.¹

A Superior Court judge will consider whether to approve the settlement at an October 2 fairness hearing. The agreement follows a lengthy legal fight over the property, including Middletown's unsuccessful effort to pursue condemnation of the site for commercial redevelopment.

Gov. Mikie Sherrill on April 27 signed Executive Order No. 17, directing New Jersey executive-branch entities to inventory state-controlled land and certain “unutilized,” “underutilized,” or “surplus” property that could be used for housing, and establishing a new interagency Housing Governing Council.

The order also adds a temporary procedural condition on property dispositions. Until an executive-branch department or agency has complied with the order’s reporting directives, it may not dispose of property it owns without approval from the Governor’s Office Chief Operating Officer (COO). The governing council must deliver its initial recommendations to the Governor’s Office within 150 days of the order taking effect.