Authorizes grants to purchase and rehabilitate abandoned homes for homeless veterans.

This bill (A2152) expands New Jersey’s existing pilot program to authorize grants for qualified nonprofit veterans’ organizations to purchase and rehabilitate abandoned homes specifically for homeless veterans. It requires veterans to be low-income or have a disability (or both), and grants up to $400,000 per organization annually must include a 50% matching contribution. The program allocates $1 million yearly for five years, prioritizing organizations serving high-need communities and requiring energy-efficient upgrades where cost savings exceed 10%. It directly affects homeless veterans (defined as living in shelters, motels, or unsafe conditions) and qualified 501(c)(3)/501(c)(19) veterans’ nonprofits statewide.