Bill
Bill > A4347
NJ A4347
NJ A4347Expressly permits housing constructed prior to April 1, 1980 to be counted toward municipal affordable housing obligation.
summary
Introduced
05/10/2024
05/10/2024
In Committee
05/10/2024
05/10/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill provides that housing constructed prior to April 1, 1980 may be counted toward a municipal affordable housing obligation. Before the enactment of P.L.2024, c.2, language existed in the "Fair Housing Act," P.L.1985, c.222 (C.52:27D-301 et al.) that could be construed to restrict the ability of a municipality to obtain credit toward an affordable housing obligation for housing constructed prior to April 1, 1980. This bill is intended to clarify that, under the conditions provided in the bill, municipalities may obtain credit for this type of housing. Specifically, the bill permits a municipality to obtain credit for low- and moderate-income housing units constructed prior to April 1, 1980, as part of the municipality's fair share plan and housing element, toward the municipality's:(1) unfulfilled prior round obligation, provided that the municipality is able to demonstrate that the housing unit has been reserved for occupancy as low- or moderate-income housing for a period of 20 years or more in compliance with the bill, and the municipality has not already obtained credit for the housing unit;(2) prospective obligation, if the housing unit is reserved for occupancy as low- or moderate-income housing, in accordance with the Uniform Housing Affordability Controls; or(3) present need obligation for a low- or moderate-income housing unit constructed prior to April 1, 1980, if the housing unit is rehabilitated in compliance with rules and regulations adopted by the Commissioner of Community Affairs (commissioner). The bill also directs the commissioner, in addition to other grants or loans awarded through the New Jersey Affordable Housing Trust Fund, to annually allocate the amounts as may be necessary to fund the repair and rehabilitation of housing units constructed prior to April 1, 1980, for the purpose of obtaining credit toward an affordable housing obligation, in accordance with the authorities provided by this bill. The bill also directs the commissioner to adopt rules and regulations as necessary for the implementation of the bill. The bill directs the rules and regulations of the commissioner to permit a municipality to apply to the affordable housing dispute resolution program to adjust a fair share plan and housing element to accommodate the allocation of credit for low- and moderate-income housing created in accordance with this bill, even if the fair share plan and housing element have already been approved. The bill would take effect immediately.
AI Summary
This bill expressly permits housing constructed prior to April 1, 1980 to be counted toward a municipality's affordable housing obligation. Specifically, the bill allows municipalities to obtain credit for pre-1980 low- and moderate-income housing units towards their unfulfilled prior round obligation, prospective obligation, or present need obligation, provided certain conditions are met. The bill also directs the Commissioner of Community Affairs to annually allocate funding from the New Jersey Affordable Housing Trust Fund to repair and rehabilitate pre-1980 housing units for the purpose of obtaining affordable housing credits. Additionally, the bill directs the Commissioner to adopt rules and regulations to implement the provisions of the bill, including allowing municipalities to apply to the affordable housing dispute resolution program to adjust their fair share plans and housing elements to accommodate the allocation of credits for pre-1980 affordable housing.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Introduced, Referred to Assembly Housing Committee (on 05/10/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A4347 |
| BillText | https://pub.njleg.gov/Bills/2024/A4500/4347_I1.HTM |
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