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NJ A1091

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Robert Clifton

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Municipalities would receive two units of credit toward their affordable housing fair share obligation for each affordable housing unit created on formerly abandoned properties
  • Properties must have been listed on the municipality's official abandoned property list and subsequently removed following rehabilitation to qualify for the bonus credit
  • The provision applies to affordable housing units created, occupied, or receiving preliminary/final approval after the bill's effective date
  • Units must be restricted for occupancy by low or moderate income households to qualify for the doubled credit
  • Amends the 1985 Fair Housing Act (P.L.1985, c.222) to incentivize rehabilitation of abandoned properties while addressing affordable housing obligations

Legislative Description

Requires additional credit against fair share obligation for abandoned property converted to affordable housing.

Housing

Last Action

Introduced, Referred to Assembly Housing Committee

1/13/2026

Committee Referrals

Housing1/13/2026

Full Bill Text

No bill text available