Bill
Bill > A4929
NJ A4929
NJ A4929Waives certain inspection fees for municipally owned affordable housing developments.
summary
Introduced
06/05/2017
06/05/2017
In Committee
06/05/2017
06/05/2017
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill would waive the fees for the initial five-year inspection under the "Hotel and Multiple Dwelling Law," P.L.1967, c.76 (C.55:13A-1 et seq.) for municipally owned affordable housing developments. To qualify for this fee waiver, a multiple dwelling would have to be owned by a municipality and every unit in the building would have to be dedicated as affordable housing. This bill would help limit the costs borne by municipalities, and ultimately property taxpayers, in the production of affordable housing.
AI Summary
This bill would waive the fees for the initial five-year inspection under the "Hotel and Multiple Dwelling Law" for municipally owned affordable housing developments. To qualify, the multiple dwelling must be owned by a municipality and each unit must be dedicated as very low, low, or moderate-income housing. This bill aims to help limit the costs borne by municipalities and property taxpayers in the production of affordable housing.
Committee Categories
Housing and Urban Affairs
Sponsors (4)
Last Action
Introduced, Referred to Assembly Housing and Community Development Committee (on 06/05/2017)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/A5000/4929_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A5000/4929_I1.PDF |
Loading...