A new Rutgers-Eagleton Poll reveals what many NJ residents already know—housing has become increasingly unaffordable.
📊 The numbers:
51% say housing is unaffordable
63% spend over 1/3 of income on housing
76% of renters struggle more now than 2 years ago
💰 The solution? 63% of New Jerseyans support preserving the NJ Affordable Housing Trust Fund for its original purpose—creating affordable homes. This Fund, generated from property sale fees, has:
Invested $120+ million in affordable housing
Generated $2.45 billion in economic activity
Created 12,500+ jobs
Built 4,730 affordable homes
But now it’s at risk of being diverted to other programs in the state budget.
Our CEO Randi Moore shared the real impact: “We received 120 applications for just 10 units in our Millstone development. That’s a real reflection of the incredible need in our community. We have a constant stream of people who cannot keep up with rising housing costs.”
To read the full article, visit https://shorturl.at/e1dBY
To access poll details from the Eagleton Center for Public Interest Polling, visit https://lnkd.in/es4C7Mn3
Watch the press release event at youtu.be/mtBMnYq2sRU