Establishes matching grant program in DCA to support community-based nonprofit organizations that provide shelter services during Code Blue alerts.

S 972 creates a state matching grant program within New Jersey's Department of Community Affairs to support community-based nonprofits providing cold-weather shelter during Code Blue alerts. Eligible nonprofits must have received a recent (within 12 months) grant from a county or municipality, and the state will match that funding up to $50,000 per county/municipality annually. The program requires nonprofits to submit detailed applications about their finances, the prior grant, and how funds will be used, with grants awarded in the order applications are received. The Department must track all grants and submit a report to the Governor and Legislature within three years assessing the program's effectiveness in serving homeless and at-risk individuals.