Bill > S139

This bill would allow municipalities to obtain credits toward the fulfillment of their fair share affordable housing obligations for transitional housing reserved for certain veterans. Specifically, the Council on Affordable Housing (COAH) would be required to credit 1.5 units toward a municipality's fair share obligation for each unit of transitional housing occupied by a low or moderate income veteran with active service in time of war, as defined by current law. Transitional housing is defined as housing with on-site or off-site supportive services that facilitate the movement of individuals and families who are homeless or lack stable housing to permanent housing, within a fixed amount of time, generally up to 24 months. Each transitional housing unit occupied or reserved for a qualifying veteran would be subject to affordability controls for at least 10 years.

Housing and Urban Affairs

https://www.njleg.state.nj.us/bill-search/2024/S139