Establishing veterans' affordable housing preference; authorizing bonus fair share credit for veterans' affordable housing.

This bill requires developers of affordable housing in New Jersey to reserve at least 50% of low- and moderate-income units for veterans of the U.S. Armed Forces, National Guard, or Reserve Components, regardless of war service. It establishes a special waiting list for veterans and mandates outreach by the Department of Military and Veterans Affairs to connect eligible veterans with housing opportunities. Municipalities that provide such housing receive one standard housing credit plus a half-credit for each veteran-occupied unit toward their affordable housing obligations. The policy directly affects veterans seeking housing, developers building affordable units, and municipalities meeting state housing requirements.