Frantantoni: ‘Stop the Insanity of Affordable Housing’

Belleville resident writes to Assemblywoman Holly Schepisi regarding two new bills she recently introduced to help tackle the affordable housing issue in NJ

 

Dear Assemblywoman Schepisi,

Sincere thanks for introducing Assembly bills, A-4666 and A-4667. The time is long overdue to stop the insanity of “affordable housing”.

The so-called “Fair Share Housing Center” is nothing more than a group of developers posing as housing advocates. They are killing our state with high density housing and at the same time they are pressuring local officials to provide them tax abatements (Pilots). These Pilots allow developers to pay only about 25% of the actual tax rate. In addition, 95% of this small tax revenue goes into the Municipal budget and 5% goes to the County. The school budget receives zero, hence our school taxes are increased dramatically, as more housing produces more students. Former State Comptroller Matthew Boxer issued several reports detailing the bad effects of these tax abatement deals.

In our Township of Belleville, we are currently fighting several high density projects. One project is a proposal to build 115 units on a 76′ wide property, 10′ from an abandoned rail line and 10′ from the rear yards of long time residential one and two family homes. This insane project violates nearly every item of our Zoning Ordinance.

Please let us know if you will be holding public hearings on these bills, as we would like to attend and provide testimony to support your efforts.

Thank you for your activism and standing up to the developers who are destroying our state. Personally, I have lost over two dozen family members who left New Jersey because of its unaffordability.

 

Vincent J. Frantantoni

129 Mt. Prospect Ave.
Belleville, NJ 07109
973-964-7105
frantan39@aol.com

 

 

Contact information for NJ Assemblywoman Holly Schepisi (R)

Legislative District 39 (Bergen/Passaic)

Phone: 201-666-0881

Email: ASWSCHEPISI@NJLEG.ORG

 

New Jersey Legislature profile page:

http://www.njleg.state.nj.us/members/bio.asp?Leg=350

 

 

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Lee "Griff" Dorry - Founder, watchdog, and public advocate. ♫ They've got strings, but you can see, there are no strings on me. ♫

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