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NJ A890

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

John Azzariti

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Municipalities may enter agreements with developers to reserve up to 50% of affordable housing units for current residents of that municipality
  • Resident applicants who apply within the first 90 days of the initial 120-day marketing period receive priority for the designated units
  • After 90 days, any remaining preference units become available to general public applicants
  • Qualified resident applicants are placed on both a special waiting list and general waiting list, with preference given when occupancy falls below the agreed percentage
  • Municipal resident preferences do not affect the municipality's ability to receive affordable housing credit from the state council

Legislative Description

Allows municipalities to establish affordable housing preference for their residents.

Housing

Last Action

Introduced, Referred to Assembly Housing Committee

1/13/2026

Committee Referrals

Housing1/13/2026

Full Bill Text

No bill text available