New Jersey restores money for affordable housing after it was largely stripped in budget negotiations

Published September 3, 2025 3:57pm ET



New Jersey partially restored a fund dedicated to building affordable housing in the state after it was gutted in budget negotiations earlier this year.

The state’s $125 million Affordable Housing Trust Fund was reduced to just $5 million during June budget negotiations. Officials said last week that $45 million will be returned to the Affordable Housing Trust Fund after months of pushback from advocacy groups and lawmakers.

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