Housing

This bill allows New Jersey municipalities to qualify for preferential treatment when applying for state-funded grants by adopting specific strategies to encourage denser residential development. Municipalities must update their master plans and zoning regulations to include housing strategies like permitting accessory dwelling units, reducing parking requirements, or allowing multi-unit buildings in areas previously restricted to single-family homes. After implementing these changes and submitting the updated plans to the state, eligible municipalities receive priority in competitive grant distributions. The preference applies to most state grants but excludes programs focused on fair housing obligations or shared services.

New Jersey bill A3497 prohibits landlords from using software or services that facilitate secret price coordination to restrict competition in rental housing. The bill makes it illegal for landlords to subscribe to "coordinators" (like property management software that analyzes real-time pricing data), for coordinators to enable price-fixing agreements, or for multiple landlords to engage in "consciously parallel pricing coordination." It directly affects rental property owners using such tools, excluding single landlords managing multiple properties under their control or legitimate multiple listing services. The law enforces these rules under New Jersey's Antitrust Act, aiming to curb software-driven rent hikes that contributed to a 35% median rent increase for three-bedroom units since 2021.

This bill provides an additional $358.8 million in funding for New Jersey state agencies and local governments for fiscal year 2026. The money is allocated to various departments, including support for domestic violence housing, prison consolidation savings, school infrastructure, and mosquito control. Specific provisions also authorize a supplemental appropriation for the Cannabis Regulatory Fund and allow nonprofit organizations to host the state's AI supercomputer. Overall, the legislation amends the existing FY2026 Appropriations Act to distribute these funds across education, health, public safety, and other state services.

This bill imposes three new fees on private prison operators in New Jersey to fund social support programs. It charges an 8% fee on the value of public contracts (section 2), a $15 daily fee per inmate (section 3), and a 3% surtax on taxable income (section 4). All revenue flows into two dedicated funds: one for legal services supporting detained individuals and another for community programs like job training and housing (sections 2e and 3e). The bill directly affects private prison companies operating under state contracts, with fees applying during active contracts or inmate stays.

This bill amends New Jersey's Fiscal Year 2026 budget to redirect $500,000 originally designated for the City of Camden's Capital Projects fund to Parkside Business & Community in Partnership, a local nonprofit. The reassignment shifts funds from city capital projects to support the nonprofit's work revitalizing Camden's Parkside neighborhood through commercial development, housing, and community initiatives. This is a procedural budget adjustment that changes fund allocation without creating new policies or altering overall spending levels. The bill specifically updates the appropriations act's line items to reflect this reallocation.