Authorizes COAH to credit municipalities with 1.5 units of fair share affordable housing obligation for each housing unit occupied by a veteran; permits municipalities to satisfy fair share affordable housing obligation through 35 percent set aside for veterans.

S 140 (New Jersey Senate Bill) modifies how municipalities meet their affordable housing obligations under the Fair Housing Act. It allows municipalities to count each housing unit occupied by a veteran (with qualifying military service) as 1.5 units toward their fair share requirement, rather than the standard 1 unit. Additionally, it permits municipalities to satisfy up to 35% of their obligation through housing specifically reserved for veterans. This directly affects New Jersey municipalities required to provide affordable housing for low/moderate-income households, providing a new pathway to meet requirements by prioritizing veteran housing. The bill amends Section 7 of P.L.1985, c.222 (C.52:27D-307), effective upon enactment.