FACT SHEET: James Solomon’s Plan to Bring Down Housing Costs and Force Developers to Pay Their Fair Share

The cost of housing in Jersey City is a crisis. In the last decade, the average rent has increased 50%, residents are struggling to stay in their homes due to property tax increases, and buying a home here is falling out of reach for most. Enough is enough. As a Councilman, James Solomon has been one of the only local politicians to stand up against the failed policies that got us here, fighting for stronger affordable housing requirements on new developments, uncovering illegal rent increases on tenants, and successfully passing a right to legal counsel for tenants facing illegal action from their landlords.

As Mayor, Solomon will work to bring down housing costs by forcing developers to pay their fair share and provide housing that is affordable for our residents, protecting the rights of tenants against outrageous rent increases and substandard living conditions, and promoting homeownership for working class and middle class residents. Developers know that James is the only candidate in this race with the credibility and independence to deliver on these promises. That’s why the Kushner Family is one of the biggest financial backers of Jim McGreevey in this Mayoral race, and why developers have collectively donated over $300,000 to James’s major opponents.

1. Make developers pay their fair share for affordable housing.

2. Create robust tenant protections.

3. Keep communities together by promoting homeownership.