ANNOUNCEMENT

Statement on Fair Share Affordable Housing Obligation Ruling

A statement from Mayor Liz Lempert and Council President Jenny Crumiller.

We are glad that a decision has been reached so that we can focus our time and dollars into creating opportunities for more affordable housing. Princeton has long been committed to building affordable housing and this commitment shows in the fact that we have already made significant progress in meeting the obligation set by the court through projects such as Avalon Bay, Merwick Stanworth and others. The obligation number set by Judge Jacobson is well within the range of what we were expecting, and we feel confident we will be able to present a plan to the court that meets that obligation, adds needed diversity, and energizes our local economy through smart growth planning.

 

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