Newark Needs 'Fair, Affordable Housing': Financial Justice Summit

NEWARK, NJ — Housing advocates, policy experts and elected officials recently gathered for a “financial justice summit” in Newark, discussing an old-but-still-frustrating need in the city: affordable housing.

Newark Mayor Ras Baraka was among those on hand for New Jersey Citizen Action’s (NJCA) 14th annual event, which was held to brainstorm solutions to the state’s “most pressing socio-economic crises” – including “fair and affordable housing” and debt traps.

During a fireside chat with Tenisha Malcolm, director of the Urban Mayors Policy Center, Baraka pointed to a recent amendment to the Newark Inclusionary Zoning Ordinance that will permit the city to exclusively market new affordable units to local residents for the first three months.

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