A state superior court judge has temporarily blocked the state from seizing the township’s $13 million affordable housing trust fund. On Wednesday, Judge David F. Bauman of the Civil Division of the state Superior Court in Freehold restrained the state from seizing the township’s fund. The state had given some municipalities, including Marlboro, until July to spend their affordable housing money — set aside through developers’ fees, not taxpayer money — or it would siphon the funds. Marlboro mayor Jonathan Hornik called Bauman’s ruling “a very positive decision” for both Marlboro and the other municipalities “who are nervous that the state is going to come down and steal their money.”
The Affordable Housing Report daily "Twitter paper" on Paper.li. Super cool.
- Property Manager at Maloney Properties, Inc. (Boston, Massachusetts)
- Director, Planning, Modernization & Development at Cincinnati Metropolitan Housing Authority (Cincinnati, Ohio)
- Housing Inspector at Cincinnati Metropolitan Housing Authority (Cincinnati, Ohio)
- Real Estate Project Manager at Maloney Properties, Inc. (Massachusetts)