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

This bill increases the maximum percentage of a municipality's affordable housing requirement that can be met with age-restricted housing units from 25% to 50%. It directly affects New Jersey municipalities obligated to provide affordable housing under state law. The key provision changes the allowable limit for age-restricted units without altering the overall housing obligation. The bill takes effect immediately upon enactment.