NJ rents are rising, but Anchor rebates aren’t keeping up

When New Jersey’s Anchor property tax relief program launched in 2022, most eligible renters received $450. Four years later, that rebate remains $450, even as rents continue to rise. Why hasn’t relief for renters kept pace with rising housing costs? NJ Spotlight News budget and finance writer John Reitmeyer explains on NJ PBS News with Rob Nelson. ----------------- Sign up for our daily newsletter: https://www.njspotlightnews.org/newsletters/ Follow NJ Spotlight News: Facebook: https://www.facebook.com/njspotlightnews/ Instagram: https://www.instagram.com/njspotlightnews/ Bluesky: https://bsky.app/profile/njspotlightnews.org TikTok: https://www.tiktok.com/@njspotlightnews?_t=8VUNKN33vpu&_r=1 ----------------- While NJ PBS does not and cannot review every submission and is not responsible for the content of your comments, NJ Spotlight News reserves the right to delete, remove, move, or edit comments that it, in its sole discretion, deems abusive, defamatory, obscene, or otherwise inappropriate or unacceptable for any reason.