NJ A4913

Municipalities that amend their master plans and development regulations to allow additional housing strategies receive preferential status for competitively-awarded State financial assistance, including programs like the Neighborhood Preservation Program

Housing strategies municipalities may adopt include: permitting accessory dwelling units, two- or three-unit dwellings on single-family lots, eliminating or reducing parking and minimum lot size requirements, allowing manufactured housing, permitting multi-unit dwellings in commercial zones, and allowing higher density housing near transit stops

The Department of Community Affairs must publish and quarterly update a tiered list of municipalities that have adopted housing strategies, which State agencies must use when awarding competitive grants funded solely by State funds

School districts in municipalities adopting these housing strategies may receive up to a 10% increase in their district aid percentage for school facilities projects; regional districts receive proportional increases based on constituent municipalities' participation

The Commissioner of Transportation must establish criteria providing preference for qualifying municipalities when allocating Transportation Trust Fund money for municipal projects