This bill creates a tax credit for developers building or renovating affordable housing in New Jersey. It directly affects project sponsors (developers) who construct or substantially renovate qualifying homes sold at affordable prices to eligible homeowners earning 140% or less of the state's median household income. The credit equals the difference between reasonable development costs and the affordable sale price, capped at 35% of development costs or 80% of the state's median new home price. To qualify, projects must be in designated census tracts and certified by the New Jersey Housing Agency, with homes sold as primary residences.
This bill increases penalties for housing code violations by raising maximum fines for repeat or severe offenses. Property owners who repeatedly violate housing or zoning codes face additional fines (up to $4,000 total), and municipalities must now give owners 30 days to fix issues before imposing fines exceeding $1,250, plus a hearing opportunity. It amends existing law to set minimum fines of $10 for ongoing violations and requires courts to consider prior offenses when sentencing. The changes directly affect property owners in New Jersey municipalities enforcing housing codes.
This bill limits annual rent increases for senior tenants (62+ years old) living in rental housing funded by New Jersey's Housing and Mortgage Finance Agency (HMFA). It caps rent hikes at the greater of 2% or the local cost-of-living adjustment (based on the Consumer Price Index), preventing increases that outpace fixed incomes. The law applies specifically to "covered dwelling units" (rental units in HMFA-funded properties rented to seniors as their primary residence) and exempts duplexes where landlords live in one unit and existing affordable housing agreements. Tenants can seek legal remedies if landlords violate the cap, including $500 for first offenses.
This bill creates a refundable tax credit for New Jersey renters whose rent exceeds 35% of their gross income. It directly affects low-to-moderate income residents (earning under $60,000 annually) living in the state, with credit amounts based on income level and location: up to 100% of excess rent for those earning under $25,000 (or under $50,000 in high-cost areas), 75% for middle-income renters, and 50% for higher-income renters in non-high-cost areas. The credit, capped at $1,000 per year, is applied against state income tax and can be claimed retroactively for the previous tax year. Renters receiving federal or state housing subsidies instead receive a credit equal to 1/12 of their unsubsidized rent.
S 2904 requires New Jersey's Division of Consumer Affairs to create a public education campaign about real estate rental scams, directly affecting renters and potential renters in the state. The campaign will provide multilingual resources (in English and Spanish) via the division's website, brochures, and pamphlets, explaining how to recognize scams like fake listings or fraudulent requests for upfront payments. It also mandates a toll-free phone number for consumers to verify landlords, agents, or rental properties. The bill focuses on preventing financial harm by educating the public on common scam tactics, such as demands for wire transfers or showing properties before signing leases.
This bill establishes the "Enhanced Transit Village Program" to support municipalities in developing walkable, mixed-use communities centered around public transit hubs. It targets distressed municipalities (score 50+ on revitalization index) already designated as "transit villages" by the Department of Transportation. Key provisions include requiring 50+ housing units per acre within 1/4 mile of transit and 25+ units per acre beyond that, alongside technical assistance for zoning changes, infrastructure upgrades, and promoting pedestrian/bike access. The program, administered by the Office of Planning Advocacy (Department of State) and DOT, is funded with $25 million in state appropriations.
This bill creates a 10% tax credit against New Jersey business income taxes for developers who build or rehabilitate rental housing exclusively reserved for veterans. The credit covers 10% of "approved costs" (including land, construction, materials, and labor) for qualifying projects, with a maximum annual credit of $5 million statewide. Developers must reserve all units for veterans for at least 15 years and apply for state approval through the Department of Community Affairs. The policy directly affects developers of new or rehabilitated rental properties meeting specific veteran-occupancy requirements.
SCR 51 proposes a constitutional amendment to change how New Jersey municipalities determine their affordable housing requirements. Currently, these obligations are based on regional housing needs, but the amendment would require the Legislature to calculate a single statewide number representing the total affordable housing needed for the entire state. This statewide figure would become the exclusive requirement under the Constitution, replacing the current regional approach. The amendment must be approved by voters in the next general election after legislative passage.
This bill (S 732) requires New Jersey's Division of Housing and Community Resources (DCA) to create a single, user-friendly online application for all state residential utility assistance programs. It directs the DCA to work with state agencies and nonprofit energy assistance organizations to consolidate multiple separate applications into one website-based form. The bill affects residential customers seeking help with utility bills or energy efficiency programs, as well as state agencies and nonprofits administering these programs. The consolidated application must integrate both permanent and temporary assistance programs, streamlining access for residents. The bill was withdrawn on January 13, 2026, as it was approved as P.L.2025, c.265, meaning it is now law.
This bill amends New Jersey's affordable housing law to provide municipalities with additional flexibility in meeting their fair share housing obligations. Specifically, it allows municipalities to count each housing unit occupied by a veteran (with active wartime service) as 1.5 units toward their requirement, instead of the standard 1 unit. It also permits municipalities to satisfy up to 35% of their affordable housing obligation by setting aside units specifically for veterans. The bill directly affects New Jersey municipalities required to provide affordable housing for low- and moderate-income households under state law.
