Bill

Bill > A5594


NJ A5594

NJ A5594
Requires Division of Purchase and Property to issue annual report on State-owned property and potential for use as affordable housing.


summary

Introduced
06/08/2023
In Committee
06/15/2023
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 inventory of all real property owned by the State, analyze the feasibility of developing, redeveloping, or renovating these properties for use as low-income and moderate-income housing, and submit an annual report on its findings to the Governor and the Legislature. The report will also be made available on the division's website.

Committee Categories

Housing and Urban Affairs

Sponsors (2)

Last Action

Reported out of Assembly Committee, 2nd Reading (on 06/15/2023)

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