New Jersey is amidst a deepening housing crisis—particularly an affordability crisis. In all corners of the state, longtime residents are being priced out of their homes as housing costs soar. In fact, according to the National Low Income Housing Coalition, New Jersey has a shortage of over 200,000 housing units for low-income residents. Newark now ranks as the most difficult city in the United States to find a rental property. More than one-third of New Jersey residents are cost-burdened, meaning that they spend more than 30% of their income on housing. These statistics make one thing clear: New Jersey’s housing crisis cannot be ignored.