Requires COAH to calculate affordable housing obligations on Statewide basis.
S 2088 requires New Jersey's Council on Affordable Housing (COAH) to calculate the state's affordable housing obligations on a statewide basis instead of per municipality. This means COAH must determine the total need for low and moderate-income housing across the entire state, using a growth-share calculation method based on statewide development trends. Municipalities will no longer be required to calculate their own fair share of housing needs; instead, COAH will set statewide targets for housing development that meets federal income standards (30% or less for very low income, 50-80% for moderate income). The bill directly affects all New Jersey municipalities responsible for meeting housing obligations under the Fair Housing Act.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
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Full legislative history
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1
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0
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0
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
2 primary · 0 co-sponsors
Sponsors
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