summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill amends the Fair Housing Act to re-authorize the use of regional contribution agreements by municipalities to meet affordable housing needs. Since July 17, 2008, the effective date of P.L.2008, c.46, municipalities have been prohibited from using regional contribution agreements to address fair share housing obligations. This bill would re-authorize a municipality to propose transferring up to 50% of its fair share housing obligation to another municipality within its housing region through a regional contribution agreement. This matches the portion of a fair share housing obligation that had been transferrable prior to 2008.
AI Summary
This bill re-authorizes the use of regional contribution agreements by municipalities to meet affordable housing needs. Prior to 2008, municipalities were able to transfer up to 50% of their fair share housing obligation to another municipality within the same housing region through a regional contribution agreement. This bill would restore that ability, allowing municipalities to propose transferring up to 50% of their fair share obligation to another municipality within their housing region. The bill also provides guidelines for the council that oversees these agreements to approve and oversee them.
Committee Categories
Government Affairs
Sponsors (6)
Sean Kean (R)*,
Bob Auth (R),
Al Barlas (R),
Dawn Fantasia (R),
Michael Inganamort (R),
Erik Simonsen (R),
Last Action
Introduced, Referred to Assembly Community Development and Women's Affairs Committee (on 01/09/2024)
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/2024/A646 |
| BillText | https://pub.njleg.gov/Bills/2024/A1000/646_I1.HTM |
Loading...