summary
Introduced
01/09/2018
01/09/2018
In Committee
01/09/2018
01/09/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill amends the Fair Housing Act to re-authorize the use of regional contribution agreements by municipalities to meet affordable housing needs. Since July 17, 2008, the effective date of P.L.2008, c.46, municipalities have been prohibited from using regional contribution agreements to address fair share housing obligations. This bill would re-authorize a municipality to propose transferring up to 50% of its fair share housing obligation to another municipality within its housing region through a regional contribution agreement. This matches the portion of a fair share housing obligation that had been transferrable prior to 2008.
AI Summary
This bill re-authorizes the use of regional contribution agreements by municipalities to meet affordable housing needs. Prior to 2008, municipalities were able to transfer up to 50% of their fair share housing obligation to another municipality within their housing region through these agreements. This bill would re-establish that option, allowing municipalities to propose transferring up to 50% of their fair share obligation to another municipality within their region. The bill provides guidance on the process for approving and implementing these regional contribution agreements.
Committee Categories
Housing and Urban Affairs
Sponsors (4)
Last Action
Introduced, Referred to Assembly Housing and Community Development Committee (on 01/09/2018)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2018/Bills/A0500/266_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A0500/266_I1.PDF |
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