JERSEY CITY — Mayor Steven M. Fulop has released a new citywide housing assessment and plan.
The series of policy documents being rolled out Thursday included a new tax policy that’s specifically tailored to drive development and affordable housing into areas where it’s needed most.
“There’s a common narrative written about cities these days – and it always comes down to picking winners and losers,” said Mayor Fulop, “For cities that want to grow, it seems there’s always a choice between one neighborhood and another; gentrification versus the lifelong resident; progress against tradition. In Jersey City, we’re proving that choice is a false choice. ith this housing plan and new policy, we’re going to drive development and affordable housing into neighborhoods where it’s needed most. We had a saying in the Marines – ‘No one is left behind’ – and we’re going to live up that saying here in Jersey City.”
The administration is releasing two policy documents that include a new housing plan, which includes a comprehensive assessment of the state of Jersey City’s housing market and outlines how the city will influence long-term development moving forward; and a revamped tax abatement policy, which updates the City’s highly successful policy to include updated and more relevant data as well as expanded development priorities.
Both documents can be found online at www.jerseycitygrows.org.
Citywide housing plan announced in Jersey City
