Bill
Bill > S3651
NJ S3651
NJ S3651Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.
summary
Introduced
04/19/2021
04/19/2021
In Committee
04/19/2021
04/19/2021
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill would establish the maximum percentage of a municipality's affordable fair share housing obligation which may be met by age-restricted units in a municipality at 50 percent. The Council on Affordable Housing adopted its third-round regulations, since partially invalidated by the courts, that reduced the percentage from 50 percent to 25 percent.
AI Summary
This bill would increase the maximum percentage of a municipality's affordable fair share housing obligation that can be met by age-restricted units from 25 percent to 50 percent. This change is in response to the Council on Affordable Housing's regulations, which were partially invalidated by the courts, that had reduced the maximum percentage from 50 percent to 25 percent.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 04/19/2021)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/S4000/3651_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/S4000/3651_I1.PDF |
Loading...