A 4763
Requires DCA to calculate affordable housing obligations on Statewide growth-share calculation method.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill changes how New Jersey calculates the amount of affordable housing needed across the state. It directs the Department of Community Affairs (DCA) to use a ‘growth-share’ calculation method, which considers population and development growth to determine housing needs. The bill also repeals previous calculation methods from 2024 and requires the DCA to create new rules to implement these changes promptly. This shift aims to ensure a more accurate and up-to-date assessment of affordable housing requirements.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsor
Gerry Scharfenberger
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.