Bill > S2442

Introduced Session

This bill would clarify that a municipality which receives an adjustment to the calculation of its affordable housing obligation under the State's Fair Housing Act, N.J.S.A.52:27D-301, et seq., shall be entitled to rely on this adjusted calculation for the duration of the 10-year compliance period. As such, should additional land become available during this time, a municipality would not be required to recalculate its affordable housing obligation nor means for addressing this obligation during that time. This bill will allow a municipality to make sound planning decisions and address its affordable housing obligation because these decisions will be based on a definitive number that will not be subject to change for the duration of the compliance period. The bill will afford municipalities a degree of certainty in making such decisions.

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Tony Bucco (R)*, 

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 05/09/2022)

Official Document