S 1430 New Jersey Senate · 2024-2025 Regular Session

Provides for expanded use of affordable housing voucher program funding.*

This bill expands New Jersey's affordable housing voucher program to cover homeownership costs, allowing low-income households to use state vouchers for down payments or monthly mortgage assistance instead of just rent. It specifically reserves funds for seniors aged 62+, veterans who completed the "Veterans Haven" program, and families participating in a self-sufficiency initiative. The program also creates a Home Repair Emergency Assistance Fund to cover necessary home repairs for participants. This change, now law as P.L.2024, c.98, directly affects eligible residents seeking homeownership support through the state's rental assistance framework.
Bill status signed all 5 stages cleared
Introduction
Jan 2024
Committee Review
Jun 2024
Senate Passage
Jun 2024
General Assembly Passage
Oct 2024
Signed into Law
Dec 2024
Introduced Jan 9, 2024 Signed Dec 12, 2024
Floor votes · Senate Jun 28, 2024 · General Assembly Oct 28, 2024

How they voted

390
Passed · 1 other
Total votes 40
Jun 28, 2024
D Democratic25
24 Yea 1
96% Yea
R Republican15
15 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
9
Key actions
5
Committee
3
Dec 12, 2024
Signed into law
Approved P.L.2024, c.98.
executive
Oct 28, 2024
Lower · Passed
Passed Assembly (Passed Both Houses) (76-0-1)
lower
Jun 28, 2024
Upper · Passed
Passed Senate (39-0)
upper
Jun 26, 2024
Upper · Passed
Reported out of Senate Committee with Amendments, 2nd Reading
upper
Jan 25, 2024
Committee
Referred to Senate Budget and Appropriations Committee
upper
Jan 25, 2024
Upper · Passed
Reported out of Senate Committee with Amendments, 2nd Reading
upper
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
5 primary · 13 co-sponsors

Sponsors