Authorizes payment of relocation costs under Blue Acres program.

This bill amends the ‘Preserve New Jersey Act’ to authorize the payment of relocation costs under the Blue Acres program. Specifically, it expands the definition of ‘Blue Acres cost’ to include housing counseling expenses and direct payments to households for relocation assistance. The bill also clarifies that the Blue Acres program can utilize nature-based infrastructure for land preservation and allows for direct contracts for demolition and restoration activities. These changes aim to streamline the process of acquiring flood-prone properties and supporting residents impacted by the program.