Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.
This bill (A251) changes New Jersey's affordable housing rules by raising the maximum percentage of a municipality's housing obligation that can be met with age-restricted units (like senior housing) from 25% to 50%. It directly affects New Jersey municipalities required to provide affordable housing under state law. The key provision removes a previous 25% limit imposed by the Council on Affordable Housing, allowing communities to count up to half of their required affordable units as age-restricted. The bill takes effect immediately upon passage.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Housing Committee
lower
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Dawn Fantasia
RRepublican
P
Mike Inganamort
RRepublican
Co
Michele Matsikoudis
RRepublican
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