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NJ S3051

NJ S3051
Establishes Safe Haven Homeless Housing Program; appropriates $30 million.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill establishes the Safe Haven Homeless Housing Program in the New Jersey Housing and Mortgage Finance Agency (HMFA). The bill directs the HMFA to award program funding, in the form of low-interest loans, to qualified developers for the purpose of renovating or reconstructing underused developments into transitional housing or permanent supportive housing for individuals and families who have recently been homeless or lack stable housing. As used in the bill, an underused development may consist of a vacant or underused building or structure, including but not limited to, a shopping mall, shopping center, warehouse, office park, hotel, or apartment building. The bill would establish a Safe Haven Homeless Housing Fund, to be administered by HMFA, for the purpose of providing the moneys necessary to administer the program. The bill appropriates $30 million to the HMFA from the funds provided to the State by the federal government, through the "American Rescue Plan Act of 2021," Pub.L.117-2, to carry out the purposes of the bill. Any interest or earnings that are attributable to moneys in the fund would also be deposited into the fund. The bill directs HMFA to adopt rules and regulations to carry out the requirements of the bill.

AI Summary

This bill establishes the Safe Haven Homeless Housing Program, administered by the New Jersey Housing and Mortgage Finance Agency (HMFA), to address homelessness by providing low-interest loans to developers for renovating underused buildings, such as vacant malls or hotels, into transitional housing or permanent supportive housing for individuals and families who are homeless or lack stable housing. Transitional housing offers temporary shelter and services to help people move into permanent housing within a set timeframe, generally up to 24 months, while permanent supportive housing provides long-term housing with access to services for very low-income households who have recently experienced homelessness. A dedicated Safe Haven Homeless Housing Fund will be created to manage program funds, and the bill appropriates $30 million from federal funds received through the "American Rescue Plan Act of 2021" to this fund, with any interest earned also being deposited into it, and directs the HMFA to establish the necessary rules and regulations for the program's implementation.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/13/2026)

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