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NJ A970
Bill
Status
1/9/2024
Primary Sponsor
Nancy Munoz
Click for details
AI Summary
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Adds new factors municipalities can use to adjust their affordable housing obligations, including water supply and sewerage capacity, school class sizes, public safety services, public transportation availability, and traffic conditions
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Requires adjustments to housing obligations when maintaining school class sizes would create significant costs, or when adequate school, public safety, or transportation resources are unavailable or too costly to provide
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Caps affordable housing allocations so that no municipality can be required to add units that would increase its population by more than 5% in any 10-year period
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Calculates the population cap by assuming 4 residents per housing unit (2 for senior housing), with the limit being the lesser of units representing 5% population growth or 1,000 units
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Expands the definition of "council" to include any successor body to the Council on Affordable Housing that obtains primary jurisdiction over housing obligations
Legislative Description
Establishes additional factors for municipal adjustment used in calculating fair share affordable housing obligations; provides population-based cap for these obligations.
Housing
Last Action
Introduced, Referred to Assembly Housing Committee
1/9/2024