Requires DCA to calculate affordable housing obligations on Statewide growth-share calculation method.

This bill requires New Jersey's Department of Community Affairs to calculate affordable housing obligations using a statewide growth-share method instead of individual municipal calculations. It treats the entire state as a single housing region, determining housing needs over a 10-year period based on residential and non-residential development growth across the state. The calculation method includes foreclosed and abandoned properties, excludes new housing starts during administrative rule gaps, and caps new obligations at five percent of the existing statewide housing stock. Additionally, the bill directs the Commissioner of Community Affairs to update existing deadlines to ensure prompt implementation and repeals two previous sections related to municipal housing obligations.