Delays fourth round of affordable housing obligations, including present and prospective need and related litigation, until July 1, 2028.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill delays the start of New Jersey’s fourth round of affordable housing obligations, including assessments of current and future needs and related legal challenges, until July 1, 2028. The legislation acknowledges that municipalities have incurred significant costs complying with existing affordable housing requirements and that the state Supreme Court prefers legislative control over this policy. It cites economic hardships caused by the COVID-19 pandemic and rising construction costs as justification for the delay, aiming to allow the legislature to refine the process for determining regional housing needs. The bill does not affect existing affordable housing settlements or judgments.
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Sponsors
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3 on record
Primary sponsor
Anthony Bucco
Cosponsors
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