Requires NJHMFA to allocate certain portion of federal low-income housing tax credits to certain high-opportunity areas.

This bill requires New Jersey's Housing and Mortgage Finance Agency (NJHMFA) to reserve at least 30% of federal low-income housing tax credits (LIHTCs) annually for affordable housing projects meeting specific location criteria. Projects must be in areas with high-performing schools (for family cycle credits), low poverty rates, within half a mile of public transit (or providing two days/week transport for senior projects), and within three miles of key amenities like grocery stores, healthcare facilities, or schools. Developers must annually certify transportation services for senior projects, with penalties for noncompliance. The policy directly affects NJHMFA's allocation process and developers seeking LIHTC funding for new affordable housing.