Bill > A4086

Introduced Session

P.L.2009, c.82 (C.45:22A-46.3 et seq.) established a procedure by which an age-restricted housing development previously approved for construction by a municipal or regional planning board, zoning board of adjustment, or joint land use board may convert to a development that would be marketed with no age restrictions. The law requires that the approving board approve an application for such a conversion if the developer satisfied certain requirements, and if the approving board determines that the conversion can be granted without substantial detriment to the public good and not substantially impair the intent and purpose of the zone plan and zoning ordinance. The conversion of an age-restricted development to a non-restricted development has the potential to increase the number of students enrolled in a district's public schools. This bill provides converted development assistance aid to a school district in which such a conversion has occurred. Specifically, the school district would receive an amount equal to the lesser of: 1) its actual cost per pupil, or 2) the per pupil tuition rate adopted by the school district's board of education for the school year, multiplied by the increase in its resident enrollment between the last school year prior to a dwelling unit within a converted development being occupied and the budget year. However, the change in enrollment used to determine the aid may not exceed the total number of students who reside in a converted development.

AI Summary

Committee Categories

Wayne DeAngelo (D)*,  Tennille McCoy (D)*,  William Sampson (D)*,  Garnet Hall (D), 

Introduced, Referred to Assembly Education Committee (on 03/18/2024)

Official Document