Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation program with remaining funds for unmet recovery and rebuilding needs for Superstorm Sandy-impacted homeowners.

This bill requires New Jersey's Department of Community Affairs (DCA) to restart the Reconstruction, Rehabilitation, Elevation and Mitigation (REEM) program using remaining uncommitted funds. It directly affects homeowners still recovering from Superstorm Sandy who have unmet rebuilding needs, as defined under existing law (P.L.2015, c.102). The key mechanism allows the DCA to accept new grant applications to provide financial assistance for recovery and rebuilding, leveraging funds that were previously allocated but not yet distributed. The bill mandates this action only if sufficient uncommitted funds remain, ensuring no new appropriations are required. It takes effect immediately upon enactment.