NJ A4626

Construction permit applicants must disclose anticipated amounts and sources of funding for proposed projects, with specific information requirements to be established by regulation

Before receiving a certificate of occupancy, applicants must either certify their original funding information is accurate or provide updated disclosure of actual funding sources

Exempts single-family homes, renovations/repairs to dwelling units, and alterations to buildings with fewer than three dwelling units or owned by a single family

Commissioner of Community Affairs must adopt rules within 180 days of enactment regarding disclosure of funders, investors, and financiers of construction projects

Applies to two-family buildings and multiple dwellings but not to individual dwelling unit alterations or reconstruction