Since 2004, our Housing Development team has been transforming communities by taking derelict buildings or underutilized lots and creating safe, affordable homes throughout Morris County. It’s a desperate need as rent increases have far outpaced wage growth, particularly for low-wage workers. Plus, new apartment construction has focused on luxury or other high-end markets. The result is over 40% of Morris County renters (19,000 households) spend more on their housing than is considered affordable.