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NJ Senior Renters Face Budget Cuts: Anchor Rebates at Risk

NJ Senior Renters Face Budget Cuts: Anchor Rebates at Risk

Published 1 month, 3 weeks ago
Description

Governor Mikie Sherrills budget plan aims to preserve full Anchor payments for senior renters, but cuts Stay NJ program for senior homeowners to save funds. The proposal faces mixed views from lawmakers and residents, with AARP highlighting renters housing risks. Public hearings are ongoing as Democrats decide the final budget, potentially saving five hundred million dollars to close a three billion dollar gap.

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