Removes exemption from fair share housing obligation for urban aid municipalities in future rounds of affordable housing obligations.

This bill removes the exemption from fair share housing obligations that currently protects certain urban aid municipalities in New Jersey from future affordable housing requirements. It directly affects municipalities that receive state aid and would previously have been exempt from calculating their share of regional housing needs. The law requires these municipalities to now calculate their fair share obligations based on specific factors including population density, income capacity, and available developable land. Municipalities meeting certain criteria such as high population density or significant housing deficits will be required to contribute to affordable housing obligations in upcoming rounds. The bill amends existing state statutes to ensure these municipalities participate in the same housing obligation calculations as other municipalities in the state.