Norris McLaughlin & Marcus, P.A.

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Sep 09, 2011

COAH MORATORIUM LAW EXTENDED

Under the new COAH Fee Moratorium Law enacted on August 24, 2011, there is a two-year moratorium on the 2.5% non-residential COAH fee for eligible construction projects beginning July 2011 and ending July 2013; projects which have or receive preliminary or final site plan approval prior to July of 2013 will be exempt from the 2.5% fee, provided they obtain building permits by December 31, 2014; the moratorium is extended back to the end of the last moratorium (July of 2010), allowing for reimbursement of fees paid in the interim (unless fees have already been spent on an affordable housing project).» Read More

Jul 02, 2010

COAH Reform at Impasse, Commercial Real Estate Development Fee Moratorium Expired

Commercial real estate developers again have to pay a 2.5 percent Council on Affordable Housing (COAH) fee as of July 1, 2010, because the Assembly and the Christie administration are at an impasse over COAH reform legislation.  A last-minute bill (A-3055) that would have extended the fee moratorium until October 30, 2010, passed overwhelmingly in the Assembly, but was stopped in its tracks in the Senate when the Governor warned the Senate of an outright veto. » Read More

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