Establishes process to exempt municipality from certain fair share affordable housing obligations based on flood risk.

This bill (A 226) establishes a process for New Jersey municipalities to be exempt from certain affordable housing obligations if designated as "extensively flood-prone" by the housing council. It allows municipalities to avoid fulfilling fair share housing requirements - including past obligations - when flood risk would jeopardize development or preservation efforts. The exemption applies when flood-prone areas prevent feasible housing development, alongside existing adjustment factors like historic preservation or infrastructure constraints. The bill amends existing law (P.L.1985, c.222) to formalize this flood-risk exemption as a specific pathway for municipalities. The bill was introduced on January 13, 2026, and referred to the Assembly Housing Committee.