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Bill > S4188


NJ S4188

NJ S4188
Allows certain senior citizens to apply for rent increase limit.


summary

Introduced
03/03/2025
In Committee
03/03/2025
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill is intended to assure affordable rental housing for a significant portion of New Jersey's senior citizen population. The bill would permit a tenant to apply to the Commissioner of Community Affairs for protected senior citizen tenant status so long as the tenant:· is 55 or more years old;· is not in the federal section 8 voucher program or the State rental assistance program, or a participant in another rental assistance program that disqualifies the resident pursuant to rules and regulations adopted by the commissioner; · has lived in a dwelling unit in a particular building or structure that is not public housing for at least the previous 10 years as their principal residence; and · has an annual household income of $80,000 or less during the calendar year prior to the year the bill takes effect, to be adjusted annually. The bill provides that the annual income limitation for eligibility for protected senior citizen tenant status will be the same as the income limitation for eligibility under the homestead property tax reimbursement program, P.L.1997, c.348 (C.54:4-8.67 et al.). A person meeting those requirements would be granted protected senior citizen status and their landlord would be so notified. A landlord would be required to limit any rent increase to the annual index rate factor promulgated by the commissioner for that particular county. The annual index rate factor would be 75 percent of the increase in the average consumer price index, determined on an annual basis. For each county the commissioner would use the consumer price index applicable either to the New York metropolitan area or the Philadelphia metropolitan area, as appropriate to the location and economic conditions of the county, as determined by the commissioner. A landlord who increases the rent of a protected senior citizen tenant above the allowable amount would be liable for damages in an amount equal to the greater of $500 or three times the rent difference, plus reasonable attorney fees in a summary proceeding. A landlord facing undue hardship as a result of a tenant with protected senior citizen tenant status would be entitled to apply to the commissioner for a hardship waiver of the annual index rate factor. The commissioner could then set the rent at a level to ensure that the landlord does not suffer undue hardship. However, a waiver would have no effect on restrictions established by a municipal rent control or rent leveling ordinance. If a person who has been granted protected senior citizen tenant status resides in a municipality with a rent control or rent leveling ordinance, then this bill only allows the landlord to raise rent on that tenant by the amount permitted under the ordinance, or by the amount permitted by this bill, whichever amount is less.

AI Summary

This bill establishes the "Senior Citizen Tenant Protection Act" to help protect senior citizens aged 55 and older from excessive rent increases. To qualify, seniors must have lived in the same non-public housing unit for at least 10 years, have an annual household income of $80,000 or less, and not be receiving certain rental assistance. The bill allows qualifying seniors to apply for "protected senior citizen tenant status" with the Commissioner of Community Affairs, who will then notify the landlord. Once approved, landlords can only increase rent by an "annual index rate factor" calculated as 75 percent of the Consumer Price Index for the specific region, which is determined annually. If a municipality already has rent control, the landlord can only raise rent by the lesser of the municipal ordinance amount or the bill's prescribed amount. Landlords can apply for a hardship waiver if the rent increase limitation would prevent them from generating a reasonable investment return. If a landlord increases rent beyond the allowed amount, they could be liable for damages of at least $500 or three times the rent difference, plus attorney fees. The bill aims to protect long-term senior tenants from displacement by ensuring their rent increases remain aligned with their typically fixed incomes, recognizing the challenges seniors face when considering relocation.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

Senate Community and Urban Affairs Hearing (10:00:00 5/12/2025 Committee Room 1, 1st Floor, State House Annex, Trenton, NJ) (on 05/12/2025)

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