Let’s Build More Homes and Turn our “Stranded Assets” into Community Assets!

S1766

Authorizes conversio...

Less

email advocacy

Let’s Build More Homes and Turn our “Stranded Assets” into Community Assets!

Email Subject:

Dear [Your Elected Official],

I'm writing as a constituent from your district to urge you to support S1766/A3535, which would facilitate the redevelopment of New Jersey’s vacant and underutilized retail centers and office parks—also known as “stranded assets”—into housing. As we experience a housing supply and affordability crisis in New Jersey, this bill offers a practical solution to expand housing choices and create more vibrant communities where residents can live, work and shop.
The rise of remote work arrangements and changing consumer habits has increased the commercial property vacancy rate across the country. Since many of New Jersey’s “stranded assets” are located in areas zoned only for commercial use, adding residential units to these buildings requires a process that is expensive, time-consuming, and unpredictable. S1766/A3535 would establish project eligibility guidelines, streamline review processes, and give property owners the opportunity to redevelop blighted properties. Overall, this bill will help address our housing supply shortage and revitalize our communities.
Converting vacant or underutilized buildings into housing is a strategy gaining traction across the country. And a poll commissioned by the Great Homes and Neighborhoods for All initiative in the fall showed that 84% of NJ voters supported converting our stranded assets into housing. New Jersey has an opportunity to join this trend by passing S1766/S3535 to allow for more homes to be built across our state. Again, I urge you to support this legislation and help move this bill forward so we can convert our state’s stranded assets into community assets.
Thank you for your time and consideration.

Sincerely,

[Your Name]

[Your City & State]

Send me occasional emails about this issue

Send a copy of this email to me

Summary

Contact your Legislators to Support S1766/A3535! Housing in New Jersey has become too unaffordable because there are just not enough homes to rent or buy that meet people’s needs and budgets. Converting our vacant and underutilized retail and office spaces into housing can help us solve our housing crisis, but we need our legislators to take action! Contact your legislators to support S1766/A3535. Bill S1766/A3535 would facilitate the redevelopment of empty and underused spaces–also known as “stranded assets”--into vibrant, functional, mixed-use communities where New Jersey residents can live, work, and shop. Converting stranded assets into community assets can help us meet our state’s housing demand and address affordability, but right now the local approval process for these types of redevelopment projects is lengthy, costly, and unpredictable.  S1766/A3535 would establish project eligibility guidelines, streamline review processes, and give property owners the opportunity to redevelop blighted properties. Overall, these bills will help address our housing supply shortage and revitalize our communities.  Send a message to your legislators today and ask them to support turning our “stranded assets” into community assets! As New Jerseyans across all parts of the state struggle to find an affordable home in a safe, vibrant neighborhood, we need our elected leaders to support a wide range of strategies to help build more homes. S1766/A3535 is a commonsense solution to help us achieve our housing goals.  Contact your legislators today. Thank you for taking action.

Who will receive your email?

Your State Senator and State Representative(s)