COMMITTEE ADOPTS COMPREHENSIVE AFFORDABLE HOUSING ORDINANCE
Montgomery Township Committee unanimously approves comprehensive affordable housing ordinance. All five members voted to adopt Ordinance #26-1771, establishing a 40-year deed-restriction framework for rental units and 30-year controls for ownership units, with detailed pricing and occupancy
Township Committee · Meeting of March 5, 2026
NJ MONTGOMERY — Montgomery Township Committee unanimously approves comprehensive affordable housing ordinance. All five members voted to adopt Ordinance #26-1771, establishing a 40-year deed-restriction framework for rental units and 30-year controls for ownership units, with detailed pricing and occupancy requirements aligned with New Jersey's revised Fair Housing Act. Mayor Neena Singh's panel also introduced a 3.5 percent budget-appropriation cap for 2026 after CFO Michael Pitts reported mounting cost pressures: health insurance up 18 percent, police pensions up 10.2 percent, and electricity costs rising 15 percent.
The Committee authorized payment of outstanding bills.
In the full story:
- The complete report — 390 words
Source: the Township Committee meeting of March 5, 2026, compiled from the official minutes.
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