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Bill > S1088


NJ S1088

NJ S1088
Authorizes COAH to credit municipalities with 1.5 units of fair share affordable housing obligation for each unit of transitional housing occupied by a veteran.


summary

Introduced
01/25/2018
In Committee
01/25/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

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. This bill would require the Council on Affordable Housing to credit 1.5 units toward a municipality's fair share obligation for each unit of transitional housing occupied by a veteran of low or moderate income who had active service in time of war, as defined by current law.

AI Summary

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 Council on Affordable Housing (COAH) would be required 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 who had active service in time of war, as defined by current law. This provision aims to incentivize the development of transitional housing for veterans in need.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/25/2018)

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