This bill amends New Jersey's Fiscal Year 2026 budget to redirect $500,000 originally designated for the City of Camden's Capital Projects fund to Parkside Business & Community in Partnership, a local nonprofit. The reassignment shifts funds from city capital projects to support the nonprofit's work revitalizing Camden's Parkside neighborhood through commercial development, housing, and community initiatives. This is a procedural budget adjustment that changes fund allocation without creating new policies or altering overall spending levels. The bill specifically updates the appropriations act's line items to reflect this reallocation.
S 3530, the "Immigrant Tenant Protection Act," protects residential tenants in New Jersey from discrimination based on immigration status. It prohibits landlords from threatening to report a tenant’s immigration status, using it as a reason to evict, or requiring social security numbers/ID as a condition for tenancy. Tenants can sue landlords for violations and recover damages up to $2,000 per violation, plus attorney fees. The bill also prevents courts from inquiring into a tenant’s immigration status during housing rights cases unless directly relevant to the tenant’s claims.
This bill (S 413) extends the protected tenancy period for qualifying senior citizens (62+ years) and disabled tenants in New Jersey when their rental buildings convert to condos or cooperatives. It changes the previous 40-year protection to a full lifetime of the tenant, preventing forced evictions due to building conversions. Tenants must have lived in the unit for at least one year before conversion and meet income or disability criteria (e.g., medically determined disability or 60% veterans' disability rating). The law applies specifically to buildings converting from rental use, ensuring these tenants can remain in their homes without rent hikes tied to the conversion.
This bill adds $10 million from the Universal Service Fund (an off-budget source) to the NJSHARES-S.M.A.R.T. Program for utility payment assistance in New Jersey. It directly helps homeowners and tenants facing financial hardship with past-due utility bills, including arrearages. The program requires the Commissioner of Community Affairs to quickly establish eligibility guidelines, ensuring applicants aren’t receiving duplicate benefits from private insurance or other programs. This supplement builds on an existing $5 million appropriation for the same program in the FY2026 budget.
This bill creates the Code Blue Shelter Matching Grant Program within New Jersey's Department of Community Affairs (DCA). It provides matching grants to community-based nonprofits (with 501(c)(3) status) that offer shelter during Code Blue alerts - extreme cold weather emergencies - by matching funds they received from counties or municipalities within the past year. To qualify, nonprofits must submit detailed applications about their finances, the source grant amount, and how funds will be used, with DCA awarding grants in order of receipt and capping total matching funds per county/municipality at $50,000 annually. The program requires a three-year effectiveness report to the Governor and Legislature on how well it addresses shelter needs for homeless and at-risk individuals.
This bill creates a refundable tax credit for New Jersey renters whose rent exceeds 35% of their gross income. It directly affects low-to-moderate income residents (earning under $60,000 annually) living in the state, with credit amounts based on income level and location: up to 100% of excess rent for those earning under $25,000 (or under $50,000 in high-cost areas), 75% for middle-income renters, and 50% for higher-income renters in non-high-cost areas. The credit, capped at $1,000 per year, is applied against state income tax and can be claimed retroactively for the previous tax year. Renters receiving federal or state housing subsidies instead receive a credit equal to 1/12 of their unsubsidized rent.
This bill increases the annual cap on tax credits available for neighborhood revitalization projects in New Jersey from $15 million to $65 million. It directly affects businesses that fund qualified neighborhood preservation projects, allowing them to claim larger tax credits against certain business taxes. The key change is raising the total credit limit per fiscal year and adding a carryover provision: if credits aren't fully used in one year, the unused amount rolls over to the next year. This expands funding flexibility for projects under the Neighborhood Revitalization Tax Credit Program, which supports community development through private investment.
New Jersey's S 1631 adds height and weight to the list of protected characteristics under the state's Law Against Discrimination. It makes it illegal for employers, public accommodations (like restaurants and stores), and housing providers to discriminate based on these factors. The bill amends existing law to include "height or weight" alongside categories like race, disability, and gender identity in all relevant sections. Enforcement will continue through the Division on Civil Rights, which handles complaints about discrimination.
This bill creates a New Jersey program that allows certified first-time home buyers to open special savings accounts at participating banks or credit unions. Account holders can contribute up to $15,000 per year (with a lifetime limit of $75,000) and earn tax-free growth on those funds, with the account balance capped at $150,000 annually. Funds can only be withdrawn to cover down payments and closing costs for a primary residence purchase, and withdrawals for other purposes require tax reporting. The program is administered by the New Jersey Housing and Mortgage Finance Agency to encourage home ownership through tax-advantaged savings.
S 3097, the "Protection of Homeownership and Limiting Institutional Investor Acquisition Act," would limit institutional investors' acquisition of single-family homes by imposing tax disincentives (such as higher taxes) on such purchases while creating tax incentives and down payment assistance for individual homebuyers seeking starter homes. The bill also reduces regulatory barriers to building new single-family homes and offers tax incentives to developers for constructing these properties. These provisions directly affect institutional real estate investors and individual homebuyers in New Jersey, aiming to increase housing availability for average residents. The policy changes focus on making homeownership more accessible by countering institutional market dominance without specifying expected outcomes.
