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

S 3826 would establish a veterans' preference for affordable housing in New Jersey, requiring developers to reserve at least 50% of affordable housing units for low- and moderate-income veterans regardless of war service, including those who served in the U.S. Armed Forces, Reserve Component, or New Jersey National Guard. The bill directs the Department of Military and Veterans Affairs to maintain a registry of veterans interested in affordable housing and coordinate outreach to ensure veterans are prioritized for housing units. Municipalities would receive bonus fair share credits for each veteran-occupied affordable housing unit, providing additional incentive to meet housing obligations. This policy applies to both rental and ownership housing in developments meeting New Jersey's affordable housing requirements. The bill aims to improve housing access for veterans while providing municipalities with additional credit options for meeting affordable housing goals.