Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.

This bill raises the maximum percentage of a municipality's affordable housing requirement that can be fulfilled using age-restricted units (like senior housing) from 25% to 50%. It directly affects New Jersey municipalities obligated to provide affordable housing under state law. The change reverses a previous rule, adopted by the Council on Affordable Housing but partially invalidated by courts, which had lowered the limit to 25%. The bill takes effect immediately upon enactment.