NJ A587

Establishes the Urban Area Weatherization and Energy Efficiency Pilot Program in Union City, City of Trenton, and City of Camden to address open cockloft (attic) spaces between residential buildings that reduce energy efficiency and increase fire risk

Requires municipal building code enforcing agencies to conduct an inventory of residential buildings within one year to identify open cockloft spaces needing weatherization measures

Provides weatherization and energy efficiency measures at no cost to low-income households (50% or less of area median income) and moderate-income households (50-80% of area median income)

Non-qualifying property owners may pay for improvements through a property tax special assessment with quarterly installments over a 10-year period

Appropriates $30,000,000 from federal American Rescue Plan Act funds, distributing $10,000,000 to each of the three participating municipalities