Directs COAH to adopt regulations to require municipalities to prioritize current residents in affordable housing applications.

This bill requires New Jersey municipalities to prioritize current residents when processing applications for affordable housing units. It directly affects municipalities administering affordable housing programs and current residents seeking housing. The key provision mandates that municipalities must give preference to existing residents in their communities during the application review process. This change modifies existing housing regulations to ensure local residents have first access to newly available affordable units. The policy creates a concrete requirement for municipalities to implement this residency priority in their housing allocation systems.