Bill > S881

Introduced Session

This bill would delay the start of the fourth round of affordable housing obligations, including present and prospective need and related litigation, set to commence in 2025, to July 1, 2028. For decades, New Jersey municipalities have expended significant taxpayer money to comply with affordable housing obligations. The State Supreme Court has recognized affordable housing policy is best left to the Legislature. Compounding the burden of litigation expenses, the COVID-19 pandemic led the Governor and Legislature to take drastic action, which shut down the State economy, causing severe economic difficulties for municipalities. These difficulties, and others, have presented and continue to present severe hardship for municipalities seeking to satisfy their affordable housing obligations. Reliance on data from the third round, therefore, will be even more critical in establishing fourth round present and prospective regional needs and affordable housing obligations. It is therefore necessary to delay the start of the fourth round of affordable housing obligations, including present and prospective need and related litigation, to July 1, 2028. This bill would not impair or affect any settlement or judgment concerning the obligation of a municipality that was issued or executed prior to the end of the third round of affordable housing obligations on July 1, 2025. The bill would expire on June 30, 2028.

Committee Categories

Tony Bucco (R)*,  Jon Bramnick (R),  Kristin Corrado (R),  Holly Schepisi (R), 

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/09/2024)

Official Document