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Bill > S3779


NJ S3779

NJ S3779
Requires Division of Purchase and Property to issue annual report on State-owned property and potential for use as affordable housing.


summary

Introduced
05/08/2023
In Committee
06/01/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Requires Division of Purchase and Property to issue annual report on State-owned property and potential for use as affordable housing.

AI Summary

This bill requires the Division of Purchase and Property in the Department of the Treasury to develop an annual inventory and analysis of all real property owned by the State, including its potential for use as low-income and moderate-income housing. The division must consult with other state entities, such as the New Jersey Economic Development Authority and the New Jersey Housing and Mortgage Finance Agency, in this effort. The report must be submitted to the Governor and the Legislature, and the division director must then post the report on the division's website.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Reported from Senate Committee with Amendments, 2nd Reading (on 06/01/2023)

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