S 790 New Jersey Senate · 2024-2025 Regular Session

Changes earliest date of construction or rehabilitation of housing granted credits without controls.

This bill changes the qualifying date range for existing low/moderate income housing units that municipalities can count toward their housing obligation. Specifically, it expands the eligible construction/rehabilitation period from April 1, 1980, to December 15, 1986, to include units built or rehabilitated between January 1, 1948, and December 15, 1986. To qualify for credit, municipalities must verify unit occupancy, income eligibility, structural compliance, and affordability through specific certification processes. The bill maintains the existing 1,000-unit cap for municipalities' housing requirements over a 10-year period.
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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Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Gordon Johnson
Gordon Johnson
DDemocratic
NJ
37