Establishes procedures for sale of certain State-owned properties used by agencies or organizations providing housing to adults with developmental disabilities.

This bill (A4519) creates new rules for selling State-owned properties used by nonprofit housing agencies serving adults with developmental disabilities. It directly affects agencies that have provided housing for at least 10 years under contract with New Jersey's Division of Developmental Disabilities. The bill requires the state to let these agencies pay only 50% of any lien on the property instead of 100%, and transfer all sale proceeds to them. Agencies must then use the funds to either purchase/renovate housing properties or improve services for adults with developmental disabilities, removing current barriers that forced them to return all sale money to the state.