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NJ A1277
Bill
Status
1/9/2024
Primary Sponsor
Alex Sauickie
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AI Summary
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Delays the start of New Jersey's "Fourth Round" of affordable housing obligations from 2025 to July 1, 2028, including present and prospective need calculations and related litigation
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Cites economic hardships from the COVID-19 pandemic, inflation, and high construction material costs as justifications for municipalities needing additional time to comply with affordable housing requirements
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Preserves all existing judgments and settlements from third round affordable housing litigation that were issued or executed prior to July 1, 2025
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Provides the Legislature time to clarify the process for establishing regional housing need and municipal obligations under the Mount Laurel doctrine
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The legislation expires automatically on June 30, 2028
Legislative Description
Delays fourth round of affordable housing obligations, including present and prospective need and related litigation, until July 1, 2028.
Housing
Last Action
Introduced, Referred to Assembly Housing Committee
1/9/2024