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Bill > A1247
NJ A1247
NJ A1247Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill would establish the maximum percentage of a municipality's affordable fair share housing obligation which may be met by age-restricted units in a municipality at 50 percent. The Council on Affordable Housing adopted its third-round regulations, since partially invalidated by the courts, that reduced the percentage from 50 percent to 25 percent.
AI Summary
This bill increases the maximum percentage of a municipality's affordable housing requirement that can be satisfied by building housing specifically for older adults, known as "age-restricted units," from a previous lower limit to 50 percent. "Affordable fair share housing" refers to a municipality's legal obligation to provide a certain number of affordable housing units within its borders, and "age-restricted units" are homes designed for residents who meet specific age criteria. This change reverses a prior reduction in this percentage, which had been lowered to 25 percent by the Council on Affordable Housing, an agency that oversees housing regulations, after its initial rules were challenged in court.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly Housing Committee (on 01/13/2026)
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/2026/A1247 |
| BillText | https://pub.njleg.gov/Bills/2026/A1500/1247_I1.HTM |
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