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NJ A2390
Bill
Status
9/11/2025
Primary Sponsor
William Spearman
Click for details
AI Summary
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Municipalities in compliance with affordable housing obligations receive priority consideration for competitive grants from the Department of Community Affairs, including Main Street New Jersey Program and Neighborhood Preservation Program
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During the first five years of a new affordable housing round, priority is given to municipalities that obtained compliance certification in the prior round, were not subject to builder's remedy litigation, entered settlement agreements, and issued certificates of occupancy for required units
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After five years into a new round, priority consideration shifts to municipalities that have obtained current compliance certification and made substantial progress on their current affordable housing obligations
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Qualified Urban Aid municipalities exempt from prospective need fair share obligations automatically meet the compliance requirements for priority consideration
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The New Jersey Economic Development Authority must also apply the same priority consideration standards for any competitive grant programs providing funds to municipalities
Legislative Description
Requires municipalities in compliance with affordable housing obligations be provided priority consideration for certain State grants and assistance.
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2025, c.142.
9/11/2025