Hoboken has announced the creation of a new Division of Housing in the Department of Community Development that aims to provide resources to address the city’s affordable housing needs.
The division will be led by Councilwoman Vanessa Falco. Falco will create processes to audit the city’s affordable housing stock, prepare city ordinances that increase the allotment of affordable housing in new developments, and work with the Director of Community Development to ensure the required amount of funding is placed in the city’s Affordable Housing Trust Fund from various development projects, according to a statement.
‘A big undertaking’
“It’s vital that residents can continue to live, work, play, and afford to raise families in Hoboken,” said Falco in a statement. “I’m incredibly happy that I will now be able to focus all my time and energy on the affordable housing needs of my community fulltime. This is a big undertaking, but I know Mayor Bhalla understands the complexity of this role and the challenges Hoboken faces on affordable housing. I look forward to joining the administration, and I thank Mayor Bhalla for his confidence in me.”
Falco will work with the city to enforce affordable housing ordinances, act as the city’s liaison to the Hoboken Housing Authority, and initiate community engagement on affordable housing.
The city will restructure the Department of Community Development to include the new division that will also include the city’s Rent Control Office.
Falco will begin her new role in January of next year after finishing her term on the city council this December.