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NJ A2246
Bill
Status
1/13/2026
Primary Sponsor
Shanique Speight
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 funds previously diverted through the State Fiscal Year 2026 Appropriations Act
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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
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Takes effect immediately upon enactment
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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