Private Equity Fund Of Funds Environmentalists claimed a victory Thursday when a judge dismissed a builder's lawsuit that challenged the tough water pollution controls for a Union Township stream.
The Coalition for Affordable Housing and the Environment has long suggested overhauling the current affordable housing rules. We have also suggested using a growth share methodology to enable municipalities to better plan the type and pace of their growth, as long as they include affordable housing as part of it. These rules, however, will not accomplish that goal. Instead, they will promote sprawl, degrade the environment, produce little or no affordable housing and increase the number of lawsuits.
Curve Equity Exposed Fund Hunterdon County Superior Court Judge Roger F. Mahon issued an order Monday dismissing the suit by home builder K. Hovnanian Cos. of Edison, N.J.
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Equity Income Funds The suit claimed the state Department of Environmental Protection violated the state Supreme Court's rulings on affordable housing by applying its toughest water quality standards to Sidney Brook in Union Township.
Campbell still sent the deal to the State House Commission, saying any approval would be conditioned upon the council's consent. Objectors say the project would harm parkland that borders the development site. They accused the state of trying to rush the project through. Green Acres land has never made way before for a private development. But Campbell has said that the small portion of land involved, and the fact that the development would help the borough meet affordable housing obligations, weigh in favor of granting the diversion.
Capital Casebook Equity DEP officials said the decision was based on the presence of endangered wildlife in the stream and the fact that Sidney Brook is a tributary to the Raritan River, which is a drinking water source.
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Private Investment In Public Hovnanian has plans to build 292 homes on land off Route 513 in Union Township. The development, called Milligan Farm, would include a number of "affordable" homes that would help satisfy the township's obligation to provide a share of the region's low-income housing.
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Equity Mutual Funds Plans for the development call for a sewage treatment plant that would discharge wastewater into Sidney Brook.
Birmingham Contact Equity The DEP issued a permit in 1999 allowing Hovnanian to build the plant, but revoked it this year when officials determined the plant would not meet the stream's water quality standards.
Private Equity Investment Firm Hovnanian's suit asked the court to order the DEP to reinstate the 1999 permit.
Complying Deal Equity Funds The state attorney general's office, a citizen's group and property owners whose land the stream crosses filed motions to dismiss the suit.
Equity Msn Private Wyoming DEP commissioner Bradley Campbell said he's pleased Mahon granted the state's motion and that the decision affirms the appropriateness of the state's efforts to protect drinking water sources.
American Equity Investment "It makes clear that Gov. McGreevey's approach to strengthen protection for waterways under present law is sound both as a matter of law and as matter of policy," Campbell said.
Equity Index Funds "This is a great victory for the effected community which had a hard fought battle against this unwanted development."
Equity Private Team Wyoming Tom Borden of the Rutgers Environmental Law Clinic intervened in the case on behalf of the Concerned Citizens of Union Township and John and Wendy Nue, who own land the stream crosses.
Equity Group Investment Borden said the ruling is a victory because it strikes down a legal strategy Hovnanian and other builders might have used to overturn the new water quality standards.
Capital Development Equity Hovnanian claimed the constitutional requirement to allow affordable housing in any municipality trumps the need to protect the environment, Borden said.
Article Between Difference However, the Supreme Court cautioned in one of its landmark Mount Laurel rulings on affordable housing that it should not be built at a detriment to the environment, Borden said.
Contact Equity Private Wyoming "They mandated that environmental protection and affordable housing have to go hand in hand," he said.
Agreement Equity Investment Mahon's ruling may have implications in other cases, Borden said.
Business Equity Funds The New Jersey Builders Association has filed a lawsuit asking the state Superior Court Appellate Division to review the DEP's water quality rules.
Private Equity Fund That suit makes a claim similar to Hovnanian's and may impact other planned developments, including the 911-home Windy Acres project in Clinton Township.
Investment Property Home However, it is still unclear whether Mahon's ruling suggests the Hovnanian suit be considered by the Appellate Division.
Managed Equity Funds Borden said he expects Hovnanian will appeal the decision.
Capital Entrepreneurial Equity Hovnanian spokesman Doug Fenichel said the company's attorneys are reviewing the decision and have not decided on any action.
Private Equity Hedge Funds Jeff Tittel, director of the New Jersey Chapter of the Sierra Club, said the ruling is an encouraging sign that the courts are considering the environment.
Email Equity Private Wyoming Tittel also said the ruling is a sign the DEP can continue its efforts to protect environmentally sensitive waterways. Since 2002, the DEP and Gov. James E. McGreevey have proposed applying the water quality standards to dozens of waterways around the state.
Equity Loan On Investment This should give the department a green light that they can go ahead sooner than later, Tittel said.
Equity Income Mutual Funds By Peter Hall
The Express-Times - 11/21/2003
Topic: Highlands
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