Bill
Bill > S4272
NJ S4272
NJ S4272Permits municipality to authorize municipal clerk to submit certain written statements concerning affordable housing, limits certain HMFA powers.
summary
Introduced
01/04/2024
01/04/2024
In Committee
01/04/2024
01/04/2024
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill permits the governing body of a municipality to delegate to its municipal clerk, by ordinance, the authority to provide, on the governing body's behalf, a written statement in support of one or more affordable housing programs or projects, or reciting the need for one or more affordable housing programs or projects, in the municipality, in order to satisfy any other provision of statute or regulation, including but not limited to subsection a. of section 20 of P.L.1985, c.222 (C.52:27D-320) and section 6 of P.L.1983, c.530 (C.55:14K-6), provided that the proposed affordable housing program or project conforms to the provisions of the municipality's fair share plan and housing element. The bill also enables affordable housing programs and projects in a municipality to: (1) receive funding from the State Affordable Housing Trust Fund by submitting a written statement in support of the program from the municipal clerk, instead of having to submit a written statement in support of the program or project from the municipal governing body; and (2) be processed by the New Jersey Housing and Mortgage Finance Agency (HMFA) by submitting a written statement from the municipal clerk stating that there is a need for such a housing project in the municipality, instead of requiring a resolution stating such a need by the governing body of the municipality. The bill would further limit an existing grant of authority the HMFA to do any acts and things necessary or convenient to carry out its powers, so that the authority only extends to acts that do not negatively impact the efficiency of the programs to produce, manage, or maintain the financial viability of projects. Finally, the bill would make technical changes and would take effect immediately.
AI Summary
This bill permits the governing body of a municipality to delegate to its municipal clerk the authority to provide a written statement in support of, or indicating a need for, affordable housing programs or projects in the municipality. This allows such programs or projects to receive funding from the State Affordable Housing Trust Fund or be processed by the New Jersey Housing and Mortgage Finance Agency (HMFA) without requiring a resolution from the governing body. The bill also limits the HMFA's authority to only actions that do not negatively impact the efficiency of programs to produce, manage, or maintain the financial viability of projects.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/04/2024)
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/S4272 |
| BillText | https://pub.njleg.gov/Bills/2022/S4500/4272_I1.HTM |
Loading...