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NJ A1296
Bill
Status
Introduced
1/9/2024
Primary Sponsor
Alex Sauickie
Click for details
AI Summary
- Municipalities receive one credit and one bonus credit for each bedroom in transitional housing occupied by, or restricted for at least 10 years to, low or moderate income veterans
- Transitional housing is defined as housing with supportive services that helps homeless individuals and families move to permanent housing, typically within 24 months
- Veterans must be New Jersey citizens and residents honorably discharged from full-time active service in any branch of the U.S. Armed Forces
- Credits apply toward a municipality's fair share affordable housing obligation under state law
Legislative Description
Permits fair share affordable housing bonus credit for certain transitional housing reserved for occupancy by veterans.
Housing
Last Action
Introduced, Referred to Assembly Housing Committee
1/9/2024
Committee Referrals
Housing1/9/2024
Full Bill Text
No bill text available