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  • NJ A200
  • Permits municipalities to use up to 15% of affordable housing trust fund monies to provide financial assistance grants to owners of real property that sustained certain weather-related damage.
Introduced
(1/27/2016)
In Committee
(1/27/2016)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill would permit municipalities provide financial assistance grants to the owners of real property which has sustained certain weather-related damaged caused by a flood, hurricane, or other natural disaster, for which the Governor has declared a state of emergency, through the adoption of a resolution establishing a Municipal Natural Disaster Relief Grant Program. Municipalities that establish a grant program would be permitted to use up to 15% of those revenues generated by affordable housing development fees and deposited in municipal affordable housing trust funds to provide grants of up to $10,000 to owners of residential property and $15,000 to owners of non-residential real property. Grant funds could be used to support the purchase, repair, and installation of systems equipment by property owners residing in disaster areas. As used in the bill, "systems equipment" means plumbing, heating, electrical, ventilating, air conditioning, refrigerating, and fire prevention equipment, and elevators, dumbwaiters, escalators, boilers, pressure vessels, kitchen appliances and other mechanical facilities or installations. Financial assistance can also be used to pay for repairs necessary for the issuance of a certificate of occupancy for the property. Property owners in the affected area would have six full months after State approval of a municipality's plan to implement a Municipal Natural Disaster Grant Program to file an application for grant funding with the municipal engineer. The municipal engineer must conduct an inspection of real property within three business days, or as soon as practicable, and certify that the systems equipment on the real property may require repair or replacement. The municipal engineer would also provide an estimate of the cost of repairing and replacing the equipment and determine the amount of grant funding to be awarded to each property owner. The chief financial officer of the municipality would authorize payment of the natural disaster relief grant to the property owner within 14 days of the receipt of the municipal engineer's certification, to the extent that funds are available. Any municipality that establishes a Municipal Natural Disaster Relief Grant Program would also be deemed to be an "area in need of rehabilitation" for the purposes of the "Five-Year Exemption and Abatement Law," N.J.S.A.40A:21-1 et seq. Article VIII, Section I, paragraph 6 of the New Jersey Constitution permits the enactment of laws establishing short-term property tax abatements and exemptions for buildings and structures in these areas. Finally, the Department of Community Affairs would be authorized to adopted temporary rules and regulations necessary to implement the provisions of this legislation. Municipalities would be permitted to adopt their own rules and regulations governing their grant programs until the State guidelines and regulations are issued.
Not specified
Introduced, Referred to Assembly Housing and Community Development Committee  (on 1/27/2016)
 
 

Date Chamber Action Description
1/27/2016 A Introduced, Referred to Assembly Housing and Community Development Committee
Date Motion Yea Nay Other
None specified