Bill > S3178

Introduced Session

This bill would allow municipalities to obtain bonus credit toward the fulfillment of their fair share affordable housing obligations for housing reserved for certain veterans. This bill would allow a municipality to receive one unit of credit and one-half bonus credit toward a municipality's fair share obligation for each unit of housing occupied, or reserved for occupancy, by a veteran of low or moderate income who had active service in time of war, as defined in current law. The bill would allow these bonus credits to apply regardless of any limitation on the percentage of a municipality's fair share obligation that may be satisfied through bonus credits. This legislation also permits a municipality to submit a housing element to the council that sets aside up to 35 percent of all new affordable housing for low and moderate income veterans who had active service in time of war, as defined by current law.

AI Summary

Committee Categories

Anthony Bucco (R)*,  Tony Bucco (R)*,  Kristin Corrado (R), 

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 11/26/2018)