NJAA Presents Policy Recommendations to the Assembly Housing Committee

The Assembly Housing & Local Government Committee held a hearing on May 19 to take testimony from a group of invited guests regarding rental housing affordability issues in New Jersey. The NJAA was invited by Chairman Jerry Green (D-Union) to participate, and were pleased to submit testimony addressing several areas where policymakers could improve conditions by reducing regulatory burdens on the industry that unnecessarily drive up the cost of housing.

Our verbal testimony encouraged the Legislature to: pass A-3835/S-2795, legislation aimed at clarifying state law to restore commonsense, balance, and fairness to the state’s comprehensive registration and inspection system for multiple-dwellings; eliminate redundant and unnecessary state regulations which drive up the cost of housing, including the antiquated boiler inspection and log book regulations; and to streamline New Jersey’s regulatory framework on lead-based paint.

The NJAA appreciates the opportunity to provide our policy recommendations before the Committee. We look forward to continuing our productive relationship;  working in concert with Chairman Green, Vice Chair Jasey and all Committee members on any housing, land use and economic development issues you may be looking to tackle this session.  As the only statewide trade association representing owners, managers, builders and developers of multi-family rental housing, we welcome the Committee’s attention to the issue of housing affordability and offer our assistance and expertise to this important endeavor. 

Click here for a copy of NJAA’s formal written submission.