Establishes Statewide residency preference for affordable housing.

This bill (A 3310) requires New Jersey municipalities and developers to give priority for renting or selling low- and moderate-income housing units to households with at least one New Jersey resident. It mandates that this residency preference begins on the first day a household establishes New Jersey residency, with no minimum residency duration required. The policy applies specifically to housing programs under the Fair Housing Act (P.L.1985, c.222) and aims to ensure affordable housing units are accessible to state residents. The bill takes effect five months after enactment, with the Commissioner of Community Affairs permitted to take early steps to implement it.