Establishing veterans' affordable housing preference; authorizing bonus fair share credit for veterans' affordable housing.

This New Jersey bill requires municipalities to reserve at least 50% of affordable housing units in new developments for veterans who served in time of war or other emergency, as defined by state law. It mandates that veterans applying within the first 90 days of a project's marketing period receive priority for these units, with remaining units then open to the general public. After the initial 120-day marketing period, veterans are placed on a special waiting list to maintain the 50% reservation as units become available. The bill adds this veterans' preference to existing affordable housing requirements without altering the overall fair share obligations for low and moderate income housing.