Requires COAH to credit municipalities with units against fair share affordable housing obligation for certain types of housing; provides certain types of affordable housing units will be credited as two units.

S 821 amends New Jersey's affordable housing law to allow municipalities to count certain qualifying affordable housing units as **two units** toward their fair share obligation, instead of the standard one-to-one credit. This directly affects municipalities that build or acquire eligible affordable housing units (e.g., those meeting income standards and construction criteria under the law). The key mechanism changes the credit calculation for specific types of housing, effectively reducing the number of units a municipality must provide to meet its obligation. The bill does not alter the overall housing requirement but streamlines compliance for qualifying projects. (Bill S 821, introduced January 9, 2024.)