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NJ A2246

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Shanique Speight

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Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Appropriates $125 million from the General Fund to the New Jersey Affordable Housing Trust Fund to restore funds previously diverted through the State Fiscal Year 2026 Appropriations Act

  • Funds will be used for grants and loans supporting housing projects and programs in municipalities that have obtained compliance certification for their fair share plans and housing elements

  • Takes effect immediately upon enactment

  • Sponsored by Assemblywoman Shanique Speight (District 29, Essex and Hudson) and co-sponsored by Assemblyman Danielsen

Legislative Description

Appropriates $125 million for creation of affordable housing to restore diversions from "New Jersey Affordable Housing Trust Fund."

Housing

Last Action

Introduced, Referred to Assembly Housing Committee

1/13/2026

Committee Referrals

Housing1/13/2026

Full Bill Text

No bill text available