NJBIA is strongly opposing new Land Use rules proposed by the state Department of Environmental Protection that, as currently written, will ultimately force a retreat from the Jersey Shore and urban river communities throughout the state.
The DEP’s ‘Protecting Against Climate Threats’ rules will be officially proposed in the New Jersey Register on Thursday.
NJBIA Deputy Chief Government Affairs Officer Ray Cantor said the proposal will:
- Require a retreat from the Jersey Shore and urban river communities (e.g. Hoboken, Long Branch, Asbury Park)
- Create “no build” zones on New Jersey barrier islands and coastal communities, including urban areas
- Reduce the amount of affordable housing that can be built
- Impact the ability to rebuild if a home is damaged during a storm
- Harm redevelopment efforts in our urban areas
- Reduce property values, cause a loss of local tax revenue, and force more people to buy expensive flood insurance, even in areas that have never flooded and likely will never flood.
Source: https://njbia.org/njbia-deps-proposed-land-use-rules-will-force-retreat-from-nj-shore/