A 2575 New Jersey General Assembly · 2024-2025 Regular Session

Concerns standards for fair share affordable housing credit for housing reserved for veterans; requires veteran preference in certain affordable housing application administration.

New Jersey Assembly Bill A2575 allows municipalities to reserve affordable housing units specifically for low- and moderate-income veterans, granting each reserved unit one credit toward the municipality's fair share housing obligation. The bill requires housing administrators to prioritize applications from veteran households (including those who served in wartime or emergencies) for up to 50% of affordable units during the first 90 days of a project's marketing period. It defines "dwelling unit" to include veterans' housing in alternative living arrangements like Veterans Haven facilities, transitional shelters, and group homes. This policy directly affects veterans seeking affordable housing and municipalities managing housing credit obligations under state law.
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
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Housing Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Erik Peterson
Erik Peterson
RRepublican
NJ
23