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.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill would allow the Council on Affordable Housing (COAH) to credit municipalities with 1.5 units of their fair share affordable housing obligation for each unit of transitional housing occupied by a veteran. The credit would apply to transitional housing specifically designated for veterans with active service in time of war. This aims to incentivize municipalities to provide housing for veterans experiencing homelessness or lacking stable housing. The bill amends existing state law to implement this credit system.
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