Housing (Affordable Housing) in New Jersey

in committee · New Jersey · Senate Jan 13, 2026

S 2792: Clarifies and expands landlord registration procedures; creates certain rights for tenants; makes certain changes concerning tenant notifications, inspections, and maintenance in multiple dwellings; permits percentage of affordable housing obligation to be satisfied by certain rehabilitation projects.

This bill (S 2792) proposes new rules for landlords and tenant protections in New Jersey. It requires landlords of multiple-unit properties to register with their municipality within 7 days of becoming a landlord, providing detailed owner contact information. The bill also mandates clearer tenant notifications about inspections and maintenance, and allows landlords to meet affordable housing requirements through rehabilitation projects instead of new construction. It directly affects landlords managing multi-unit buildings and tenants living in those properties.

Topics ✓ Housing

Sub-Topics Affordable Housing Landlords Tenant Rights

passed · New Jersey · Senate May 28, 2026

S 219: Establishes guidelines for creditworthiness determinations concerning affordable housing programs.

This bill bans landlords and housing programs from using credit scores or credit reports to evaluate applicants for affordable housing. It directly affects low- and moderate-income households seeking subsidized housing or units restricted to such households. Instead of relying on credit scores, it requires individualized assessments of applicants' ability to pay rent based on income relative to rent (2x or 2.5x rent, depending on subsidy type). The law aims to prevent discriminatory rejections that disproportionately impact people of color, disabled individuals, and others facing systemic barriers.

Topics ✓ Housing

Sub-Topics Affordable Housing Renters Tenant Rights

in committee · New Jersey · Senate Jan 13, 2026

S 2676: Requires certain local government community benefit agreements dedicate resources for affordable housing purposes.

This bill requires New Jersey counties and municipalities to dedicate at least 50% of cash payments exceeding $100,000 received through community benefits agreements to affordable housing. Community benefits agreements are binding deals between local governments and developers, where developers pay for community benefits (like housing or infrastructure) in exchange for project approval. The bill defines "affordable housing" as creating or rehabilitating low- or moderate-income housing, as specified in existing law. It applies only to agreements involving significant cash payments, ensuring a substantial portion directly supports housing needs within the community.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Affordable Housing

in committee · New Jersey · Senate Feb 2, 2026

S 3226: Regulates institutional investor activities related to ownership of single-family homes, including purchase and lease; supports certain homebuyer assistance programs.

This bill regulates how large investment firms (defined as "institutional investors") can buy, own, or lease single-family homes in New Jersey. It requires these investors to register with the state's Community Affairs Commissioner and restricts them from purchasing homes that are actively listed for sale on public real estate databases. The bill explicitly excludes nonprofits focused on affordable housing, family trusts, and family-owned limited liability companies from these regulations. It also includes provisions to support existing homebuyer assistance programs, aiming to increase housing options for low- and moderate-income residents.

Topics ✓ Housing

Sub-Topics Affordable Housing Homeownership

in committee · New Jersey · Senate Jan 13, 2026

S 2722: Requires Department of Banking and Insurance to examine and rate lending institutions with regards to lending, investments, and services provided to low- and moderate-income consumers.

S 2722 requires New Jersey's Department of Banking and Insurance to assess how well banks, credit unions, and savings institutions serve low- and moderate-income consumers and communities. The bill mandates that the Department evaluate these institutions' lending, investments, and financial services - including affordable housing, small business loans, and accessible branch networks - as part of routine examinations. This assessment will rate institutions on their community reinvestment performance, focusing on underserved neighborhoods and areas with economic hardship. The goal is to ensure financial institutions meet community needs while operating safely, without requiring new funding or altering existing banking regulations.

Topics ✓ Housing

Sub-Topics Affordable Housing

in committee · New Jersey · Senate Jun 1, 2026

S 1803: Expands financing opportunities for low and moderate income housing.

S 1803 expands financing options for affordable housing projects in New Jersey by broadening the definition of "eligible loans" to cover a wider range of housing types, including multi-family units, boarding houses (with specific exclusions), continuing-care retirement communities, assisted living, and mobile homes. It explicitly allows loans to finance related services like parking, utilities, community facilities, and life safety improvements in boarding houses, certified by the Department of Community Affairs. This bill directly affects low and moderate-income housing sponsors (developers, nonprofits, or for-profit entities) seeking funding for projects that provide residential housing. The key change is streamlining access to financing for diverse affordable housing models through the New Jersey Housing and Mortgage Finance Agency. The bill is currently pending in the Senate Community and Urban Affairs Committee.

Topics ✓ Housing

Sub-Topics Affordable Housing Housing Finance Mortgages

in committee · New Jersey · Senate Jan 13, 2026

S 2895: Requires additional surcharge on certain documents filed in certain county offices to support affordable housing in certain populous municipalities.

This bill (S 2895) requires counties containing cities of the first class (Newark and Jersey City, each with populations over 150,000) to impose a $3-$10 surcharge on real property documents filed in county offices. The surcharge funds are deposited quarterly into those cities' municipal affordable housing trust funds. The money must be used exclusively for rehabilitating or purchasing existing housing to create affordable units, or constructing new affordable housing. This provides a new revenue stream specifically for addressing housing affordability in these two largest New Jersey cities.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Fees & Licensing Procurement Affordable Housing

in committee · New Jersey · Senate Jan 13, 2026

S 1600: Establishing veterans' affordable housing preference; authorizing bonus fair share credit for veterans' affordable housing.

This bill (S 1600) requires New Jersey municipalities to give veterans with qualifying military service (including wartime or emergency duty) priority access to 50% of affordable housing units in new developments. It mandates that veterans applying within 90 days of initial marketing receive preference for these units, followed by a special waiting list for remaining vacancies. After the initial 120-day marketing period, veterans on the special list get priority when units become available, ensuring the 50% preference rate is maintained. The policy applies to both rental and ownership affordable housing units and does not affect municipalities' ability to claim credit for these units toward their housing obligations.

Topics ✓ Housing ✓ Veterans

Sub-Topics Affordable Housing Veteran Employment Veteran Healthcare Veteran Housing

in committee · New Jersey · Senate Jun 30, 2026

S 451: Establishes "Forbidding the Algorithmic Inflation of Rent (FAIR) Act." *

This bill (S 451) prohibits landlords and property management software from using algorithmic systems to coordinate rental pricing and supply, which the legislature states has contributed to New Jersey's housing affordability crisis. It defines a "coordinator" as any service (including software) that collects pricing data from multiple landlords, analyzes it with algorithms, and recommends rental prices or lease terms - effectively enabling price-fixing. Landlords are banned from subscribing to such services, and coordinators are prohibited from facilitating agreements that restrict competition among rental property owners. The law directly affects landlords, property management companies, and software providers operating in New Jersey's rental market, aiming to increase price competition and reduce rent burdens for renters.

Topics ✓ Housing ✗ Technology

Sub-Topics Affordable Housing Renters

in committee · New Jersey · Senate Jan 13, 2026

S 220: Establishes standards for expiration of rental housing affordability controls.

S 220 establishes rules for when rental affordability controls expire on restricted housing units in New Jersey. It requires landlords to notify tenants 120 days before expiration and mandates income verification (based on 80% of regional median income) 90-180 days prior to determine if rent increases are permitted. If tenants remain at or below the income threshold after expiration, landlords cannot raise rents above affordability levels until the tenant moves out; if income exceeds the threshold, landlords may charge market rate at the next lease renewal or 60 days later. The bill also requires leases to prominently display expiration dates and potential rent changes. This bill applies directly to landlords of affordable housing units and their qualifying tenants.

Topics ✓ Housing

Sub-Topics Affordable Housing Renters Tenant Rights

All housing bills