Appropriates $125 million for creation of affordable housing to restore diversions from "New Jersey Affordable Housing Trust Fund."

This bill appropriates $125 million from the General Fund to the New Jersey Affordable Housing Trust Fund (NJAHTF), restoring funding that was previously diverted under the 2026 State Budget. The funds will be used to award grants and loans for affordable housing projects and programs in municipalities that have certified compliance with their fair share housing plans. It directly affects eligible municipalities and housing developers working on projects meeting state housing requirements. The bill takes effect immediately upon enactment.