Expands DCA oversight over common interest communities; establishes trust fund, advisory council, and ombudsman office.

Bill A3467 expands oversight of common interest communities (including condominiums and cooperatives) by New Jersey's Department of Community Affairs (DCA) for associations with over 100 units. It establishes an Advisory Council, an Office of the Ombudsman, and a Common Interest Community Homeowners' Association Trust Fund. Associations must register with DCA and pay a $3 annual fee per voting unit, with funds deposited into the trust fund to provide grants for low and moderate income communities, support educational programs, and cover dispute resolution services. The bill also requires DCA to publish a guidebook for homeowners about their rights and responsibilities in common interest communities.