|May 9, 2008
Here is quick summary of timely issues of which we want to advise you.
I. League State Budget Summit
Tuesday, May 20, 2008
9:00 am - noon
Patriots Theater at the War Memorial
West Lafayette Street, George Washington Ballroom
Trenton, New Jersey
This high-level meeting is on the prospects for meaningful municipal property tax relief in the State’s next budget, coming one week after the Legislature is provided with the crucial revised revenue estimates. For more information on this event, please click here. And be sure to check our State Budget page for timely updates.
II. COAH Regulations
This past Tuesday, the Council on Affordable Housing (COAH) approved its third round regulations, effective June 2. At the same meeting, they moved proposed amendments to these regulations, which we presume will be effective in the fall.
For more on the regulations, which are effective June 2, please see our Dear Mayor letter of March 25.
For more on these proposed amendments, please see our Dear Mayor letter of May 7.
As you know, the League is seeking pledges for a legal challenge of the COAH regulations. For more on this, please see our Dear Mayor letter of April 21.
The pledge form is online at: http://www.njslom.org/COAH-3rd-round-pledge.pdf
III. Redevelopment Law
S-757, which would revise procedures for the use of eminent domain in municipal redevelopment programs, is scheduled for consideration by the Senate Community and Urban Affairs committee next Thursday, May 15.
The bill was previously scheduled on April 28. The League opposes this bill, which we believe will impede local governments from engaging in redevelopment. However, we do believe a legislative remedy is possible, which would include improve notice, transparency and compensation.
We do recommend, however, contacting the committee and expressing opposition to S-757.
IV. A-500, revises laws concerning affordable housing.
For more on this bill, please see our Dear Mayor letter of May 6.
We anticipate the Assembly Housing and Local Government Committee will consider shortly Speaker Roberts housing legislation, A-500, which the League opposes.
Very truly yours,
William G. Dressel, Jr.