As seen on GlobeSt.com
This article on COAH discusses a recent rewrite to the COAH rules. The rewritten rules, which were voted on to adopt on May 6, 2008, were published on June 2, 2008 in the New Jersey Register. The comment period for the rules begins on June 16, 2008. According to the article "Rob Kasuba, an associate with Sills Cummis & Gross, developers are dissatisfied with the new rules. They believe the directive to build the housing in the same area as a commercial project is impractical and they don’t believe the compensatory benefit system will work. Many of them want the burden of affordable housing to be broadened—municipalities enter the COAH process voluntarily, and nearly half of New Jersey’s municipalities don’t participate. Therefore, developers building projects in those municipalities manage to sidestep the additional fees and construction that developers in COAH municipalities must deal with. Kasuba called for a fee to be assessed to all developers in the state, whether they’re in a COAH area or not."
To read the article in its entirety, please click here
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