Bill

Bill > A2978


NJ A2978

NJ A2978
Waives certain inspection fees for municipally owned affordable housing developments.


summary

Introduced
02/08/2018
In Committee
02/08/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 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 (2)

Last Action

Introduced, Referred to Assembly Housing and Community Development Committee (on 02/08/2018)

bill text


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