Affordable Housing Set-Asides: Children and PILOT Costs

Affordable housing set-asides: school children, education costs, and PILOT subsidies

Sources: Davis et al., "School-Age Children in Rental Units in NJ" (Rutgers RCRE, 2018); JCPS budgeted per pupil cost of $26,130 (FY 2024–25); Better Blocks NJ, Canal Crossing PILOT analysis (2026).

Total units in building510

Building type

Market-rate avg. HH income

Bedroom mix: 50% studios/1BR, 40% 2BR, 10% 3BR+ (typical JC high-rise)

Aff. %	Aff. units	Mkt. units	Children in mkt-rate	Children in aff.	Total	Annual ed. cost	Annual PILOT subsidy ($17,600/aff. unit)

Children in market-rate housing Children in affordable housing Annual PILOT subsidy ($17,600/aff. unit) Annual education cost

Annual PILOT subsidy cost: $17,600/year per affordable unit, derived from Canal Crossing PILOT analysis (Better Blocks NJ, 2026) — $528K total public cost vs. conventional taxation over a 30-year term, annualized as a simple average. Per pupil cost: $26,130 budgeted for JCPS FY 2024–25. Rutgers multipliers based on survey of 251 NJ rental developments covering 40,000+ units.