S 3116 New Jersey Senate · 2026-2027 Regular Session

Extends deadline for submission of temporary certificate of occupancy for certain qualified residential projects or mixed-use parking projects under Economic Redevelopment and Growth Grant program to June 30, 2032.

This bill extends the deadline for developers to submit a temporary certificate of occupancy for certain projects under New Jersey's Economic Redevelopment and Growth Grant program from December 31, 2024, to June 30, 2032. It specifically affects developers of qualified residential projects or mixed-use parking projects that have applied for incentives under this program. The change modifies existing requirements in the grant program's rules without altering eligibility criteria, funding levels, or other program provisions. The extension provides additional time for project completion and compliance with the program's requirements.

Issues: ✓ Housing

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2026 Last action Jun 30, 2026

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What changed between versions

Technical Review Of Prefiled Bill → Introduced · 3 edits · Jan 13, 2026

MINOR

This bill extends the deadline for developers to submit a temporary certificate of occupancy under New Jersey's Economic Redevelopment and Growth Grant program from June 30, 2028 to June 30, 2032. The extension applies to specific residential and mixed-use parking projects in designated Garden State Growth Zones with populations over 125,000, excluding certain counties. A legislative statement was added explaining the scope and eligibility criteria.

Scope change

The bill's scope is narrowed to specific project types (residential and mixed-use parking), specific geographic areas (Garden State Growth Zones with population over 125,000, excluding eight named counties), and projects meeting particular approval date and municipal support requirements.

TIMELINE

The deadline for submitting a temporary certificate of occupancy for qualifying redevelopment projects is extended from June 30, 2028 to June 30, 2032.

SCOPE

A legislative statement was added clarifying that the extension applies to residential or mixed-use parking projects approved after May 1, 2017, located in a Garden State Growth Zone with population over 125,000 (excluding Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Ocean, and Salem counties), where the municipality submitted a letter of support identifying up to six projects before July 1, 2018.

ELIGIBILITY

A separate set of eligibility criteria was added for mixed-use parking projects undertaken by a municipal redeveloper after July 29, 2022, that receive a redevelopment incentive grant and are located in qualifying Garden State Growth Zones (same county exclusions apply).

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Full legislative history

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Key actions

Committee

Jun 8, 2026

Committee

Referred to Senate Budget and Appropriations Committee

upper

Jan 13, 2026

Introduced

Introduced in the Senate, Referred to Senate Economic Growth Committee

upper

1 primary · 0 co-sponsors