Bill > S4037

This bill establishes an "Enhanced Transit Village Program" to be jointly administered by the Office of Planning Advocacy in the Department of State and the Department of Transportation, with the goal of upgrading community transit hubs through smart growth principles. The program will help municipalities develop mixed-use, pedestrian-friendly areas within a mile radius of public transit stations, with specific requirements including mandatory affordable housing (30% of residential units, with specific income-level breakdowns), energy-efficient buildings, and zoning changes to promote walkability and density. Municipalities can apply to the program by submitting detailed plans demonstrating their commitment to transit-oriented development, including stakeholder engagement, zoning maps, and transit-supportive design principles. Residential development will be mandated at higher densities near transit points (at least 50 units per acre within a quarter-mile and 25 units per acre beyond that), and the program will provide technical assistance and potential infrastructure grants. The bill appropriates $25 million to fund the program's initial implementation, and municipalities designated as "Enhanced Transit Villages" will receive priority for affordable housing funds. The program aims to reduce automobile dependency, increase housing opportunities, and create more vibrant, accessible community spaces near public transportation.

Budget and Finance, Housing and Urban Affairs

https://www.njleg.state.nj.us/bill-search/2024/S4037