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NJ S3841
Bill
Status
3/10/2026
Primary Sponsor
Anthony M. Bucco
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AI Summary
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Delays the start of New Jersey's fourth round of affordable housing obligations from 2025 to July 1, 2028, including present and prospective need calculations and related litigation
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Cites economic difficulties from COVID-19 pandemic, inflation, and high construction material costs as factors creating hardship for municipalities trying to meet affordable housing requirements
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Preserves all judgments and settlements from affordable housing litigation issued or executed prior to July 1, 2025 (end of third round)
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Provides time for the Legislature to clarify the process for establishing regional need and municipal obligations based on complete third round data
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The bill expires automatically on June 30, 2028
Legislative Description
Delays fourth round of affordable housing obligations, including present and prospective need and related litigation, until July 1, 2028.
Community and Urban Affairs
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
3/10/2026