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Bill > S56


NJ S56

NJ S56
Establishes "Commission on Statewide Affordable Housing Obligations" to determine Statewide need for low and moderate income housing.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill establishes the "Commission on Statewide Affordable Housing Obligations" to evaluate and determine the Statewide need for affordable housing. The commission is to consist of four members, as follows: one member appointed by the Senate President, one member appointed by the Senate Minority Leader, one member appointed by the Speaker of the General Assembly, and one member appointed by the Assembly Minority Leader. The commission is to be responsible for evaluating and determining the present and prospective need for low and moderate income housing at the Statewide level. Specifically, the commission would: (1) identify and access the factors influencing housing affordability that may affect the Statewide need for low and moderate income housing; (2) evaluate and establish methods for calculating the Statewide present and prospective need for low and moderate income housing; and (3) determine the Statewide present and prospective need for low and moderate income housing for every five-year period. The commission is to submit a report of its findings and determinations within six months of its organization, and every five years thereafter. The members of the commission are to serve without compensation, but may be reimbursed for necessary expenses incurred in the performance of their duties to the extent that funds are made available. Under the bill, the commission is entitled to use the services and expertise of the Office of Local Planning Services in the Department of Community Affairs.

AI Summary

This bill establishes the "Commission on Statewide Affordable Housing Obligations" to evaluate and determine the present and prospective need for low and moderate-income housing at the statewide level. The commission, consisting of four legislative members appointed by the legislative leadership, is tasked with identifying factors influencing housing affordability, establishing methods for calculating the statewide need, and determining the statewide present and prospective need for low and moderate-income housing every five years. The commission is required to submit a report of its findings and determinations to the Governor and Legislature within six months of its organization and every five years thereafter.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/11/2022)

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