Authorizes payment of relocation costs under Blue Acres program.

This bill amends the New Jersey Blue Acres program to explicitly authorize the payment of relocation costs for households affected by storm damage or flood risks. By clarifying the definition of "Blue Acres cost," the legislation allows the state to provide direct payments, advances, or bridge loans to help residents move out of vulnerable properties. The changes enable the program to cover a wide range of expenses, including professional services, demolition, debris removal, and land restoration, without requiring additional approval from the Division of Property Management. Ultimately, this update streamlines funding mechanisms to support the acquisition of damaged lands for recreation, conservation, and flood protection purposes.