Delays fourth round of affordable housing obligations, including present and prospective need and related litigation, until July 1, 2028.

This bill delays New Jersey's fourth round of affordable housing obligations - including determining current and future housing needs and related lawsuits - from its original 2025 start date to July 1, 2028. It directly affects municipalities required to meet state-mandated affordable housing quotas under the Mount Laurel doctrine, which have faced financial strain from pandemic impacts, construction costs, and litigation. The delay allows municipalities to use data from the completed third round to better assess regional needs before setting new obligations. The bill does not affect existing housing-related court cases or settlements finalized before July 1, 2025.