Permits municipalities to establish affordable housing preference for first responders.

This bill amends New Jersey's affordable housing law to permit municipalities to establish a preference for low and moderate income veterans who served during wars or emergencies in affordable housing projects. It allows cities and towns to agree with developers to reserve up to 50% of affordable units for these veterans, giving them priority during the first 90 days of a project's marketing period. After the initial 90 days, remaining units become available to the general public until the end of a 120-day marketing period. Veterans who qualify are placed on a special waiting list to maintain the preference level as units become available, without requiring municipalities to adopt this preference.