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Moorestown agrees to add affordable housing, open door to mall redevelopment

March 19, 2018

By Staff

Moorestown has planned for more than 300 new low- and moderate-income housing units and will open the door to redevelopment of the Moorestown Mall as part of a settlement over the township’s affordable-housing obligations.

The agreement reached Friday between Moorestown — one of South Jersey’s more affluent communities — and the Fair Share Housing Center is the latest in a series of settlements by municipalities across the state under the New Jersey Supreme Court’s Mount Laurel rulings, which date back decades and require communities to accommodate housing for low- and moderate-income residents.

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