NJ S220

Households earning 80% or less of regional median income retain rent protections indefinitely after affordability controls expire, with landlords prohibited from raising rent beyond controlled levels until the tenant voluntarily vacates

Households earning above 80% of regional median income may see rent increased to fair market rate beginning at the next lease renewal or after 60 days, whichever is later

Administrative agents must conduct income certifications 90-180 days before affordability controls expire, then annually or biennially thereafter for qualifying households

Leases for restricted rental units must prominently display the affordability control expiration date on the first page, with non-compliant leases delaying any rent increases until the next renewal

Landlords must provide written notice at least 120 days before affordability controls expire, including the expiration date, proposed rent increase amount, and explanation of income-based protections