Bill > S2826

This bill would allow municipalities to obtain credits toward the fulfillment of their fair share affordable housing obligations for transitional housing reserved for certain veterans. Specifically, the bill would require the Council on Affordable Housing (COAH) to credit 1.5 units toward a municipality's fair share obligation for each unit of transitional housing occupied by a low or moderate-income veteran with active service in time of war. The bill defines "transitional housing" as housing with supportive services that facilitate the movement of homeless or unstably housed individuals and families to permanent housing within a fixed amount of time, generally up to 24 months. Each unit of transitional housing occupied by a qualifying veteran would be subject to affordability controls for at least 10 years.

Housing and Urban Affairs