Lawmakers on Monday gave final legislative approval to a bill that would abolish the state Council on Affordable Housing and eliminate the current 2.5 percent tax on commercial development that helps pay for affordable housing.
The measure, S-1, passed the Senate on a vote of 21-16, with Republicans opposing it because it would establish quotas for low and moderate-cost housing. The bill was also passed by the Assembly by a vote of 45-32, also along party lines.
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