Housing
Affordable housing obligations, multifamily and residential development, conversions and housing incentives. What changed, the rules that apply and the dates ahead for projects in New Jersey, New York, Connecticut and Pennsylvania.
Latest briefings
- MediumNew Jersey
New Jersey governor announces a permit “shot clock” for housing projects, with details still to come
The September 29 plan promises a permit shot clock and a doubling of housing production on State-owned land from 20,000 to 40,000 homes, but the announcement does not say which permits or how many days.
- MediumNew Jersey
New Jersey weighs up to 129 Opportunity Zone tracts, with housing a priority, by October 28
New Jersey will nominate new federal Opportunity Zones by an extended October 28 deadline, ranking tracts partly on housing capacity; designations would run from January 1, 2027, through 2036.
ProposedTaxes & incentivesHousing - MediumNew Jersey
New Jersey law gives towns that zone for more housing an edge for state grants
A law signed August 27, 2026, rewards towns that allow accessory units, duplexes, less parking or housing near transit with preference for state grants, road money and school construction aid.
- LowNew Jersey
Federal: HUD proposes dropping the higher flood-elevation standard for assisted housing in floodplains
HUD's July 10, 2026 proposal would restore the 100-year floodplain as the standard for HUD-assisted and insured projects. Comments closed September 8, 2026. FEMA already stopped applying the higher standard to its own funding in March 2025.
ProposedWetlands & floodingHousing
Rules 3
- New Jersey · N.J.S.A. 52:27D-301 et seq., as amended by P.L. 2024, c.2Fourth-round affordable housing obligations (Mount Laurel)
- Federal · 24 CFR Parts 50, 55 and 58HUD environmental review and flood standard for assisted housing
- Federal · 40 CFR Part 745, Subpart ELead-safe renovation of pre-1978 housing and child-occupied buildings
Funding and incentives 8
- New Jersey · NJ Housing and Mortgage Finance AgencyAffordable and workforce housing funds (State Tax Credit Subsidy Program)
- New Jersey · NJ Board of Public Utilities; PSE&G, JCP&L, ACE, RECOEV charging incentives for multifamily and commercial sites: utility make-ready programs and NJBPU Multi-Unit Dwelling charger incentive
- New Jersey · NJ Board of Public Utilities, Division of Clean Energy (NJ Clean Energy Program)NJ Clean Energy Program New Construction Program (NCP)
- New Jersey · NJ Board of Public Utilities; PSE&G, JCP&L, ACE, RECO, NJNG, SJG, Elizabethtown GasNJ utility energy-efficiency programs for commercial, industrial and multifamily buildings (Clean Energy Act Triennium 2)
- New Jersey · NJ Board of Public Utilities, Division of Clean EnergySuccessor Solar Incentive (SuSI): Administratively Determined Incentive (ADI) for net-metered and community solar
- New Jersey · NJ Housing and Mortgage Finance AgencyNJHMFA housing tax credit rounds
- Federal · IRS; state housing finance agenciesLow-income housing tax credit (LIHTC)
- Federal · US Treasury and IRSBuilding energy credits ended June 30, 2026 (179D, 45L, 30C)