Establishes process for recovery of Superstorm Sandy aid overpayments and makes General Fund appropriation.

This bill establishes a formal process for the New Jersey Department of Community Affairs to recover overpayments of Superstorm Sandy disaster relief funds (from the RREM and LMI programs) from affected homeowners. It requires the department to send detailed "Notices of Over-Disbursement" explaining the debt, repayment options (lump sum or flexible 60-month payment plans), and appeal rights. Low-to-moderate income homeowners unable to pay may request debt compromise based on income, assets, and living expenses, with decisions considering hardship factors. The bill also sets a 3-year limit for recovery actions and appropriates General Fund money to cover administrative costs.