Bill
Bill > S2329
NJ S2329
NJ S2329Creates housing purchase matching grant program for members of United States Armed Forces and New Jersey National Guard who have served in certain military operations.
summary
Introduced
03/21/2022
03/21/2022
In Committee
06/12/2023
06/12/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Creates housing purchase matching grant program for members of United States Armed Forces and New Jersey National Guard who have served in certain military operations.
AI Summary
This bill creates a housing purchase matching grant program for members of the United States Armed Forces and the New Jersey National Guard who have served in certain military operations. The program, coordinated with the Department of Military and Veterans Affairs, will provide matching grants of up to $10,000 to eligible military personnel on a dollar-for-dollar basis. To be eligible, applicants must have at least 90 days of active duty service in specific military operations, be legal residents of New Jersey, and intend to purchase a principal residence in the state. The bill also appropriates $2 million from the General Fund to the New Jersey Housing and Mortgage Finance Agency to implement the program.
Committee Categories
Budget and Finance, Military Affairs and Security
Sponsors (2)
Last Action
Referred to Senate Budget and Appropriations Committee (on 06/12/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2329 |
| Fiscal Note - Fiscal Estimate 7/31/23; as introduced | https://pub.njleg.gov/Bills/2022/S2500/2329_E1.PDF |
| Analysis - Statement SMV 6/12/23 | https://pub.njleg.gov/Bills/2022/S2500/2329_S1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2500/2329_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2500/2329_I1.PDF |
Loading...