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NJ S4781
Bill
Status
Introduced
10/27/2025
Primary Sponsor
Britnee Timberlake
Click for details
AI Summary
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Appropriates $125 million from the General Fund to the New Jersey Affordable Housing Trust Fund to restore money previously diverted through the State Fiscal Year 2026 Appropriations Act
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Funds will be used to award grants and loans for housing projects and programs in municipalities that have received compliance certification for their fair share plans and housing elements
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The appropriation takes effect immediately upon enactment
Legislative Description
Appropriates $125 million for creation of affordable housing to restore diversions from "New Jersey Affordable Housing Trust Fund."
Community and Urban Affairs
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
10/27/2025
Committee Referrals
Community and Urban Affairs10/27/2025
Full Bill Text
No bill text available