New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A2575

Introduced
1/9/24  

Caption

Concerns standards for fair share affordable housing credit for housing reserved for veterans; requires veteran preference in certain affordable housing application administration.

Impact

The bill introduces a structured preference system for veterans applying for affordable housing units. Municipalities will need to prioritize these applications, ensuring that veterans who apply within a designated period are given preference over non-veteran applicants. This requirement could shift the dynamics of affordable housing availability, potentially reducing the chances for non-veteran applicants while enhancing opportunities for veterans. Additionally, the bill could influence zoning laws and planning strategies, as municipalities may need to adapt their existing frameworks to comply with these new requirements.

Summary

Assembly Bill A2575 proposes significant amendments to New Jersey's affordable housing standards, particularly concerning housing reserved for veterans. This legislation allows municipalities to reserve units specifically for low- and moderate-income veterans and mandates that they receive a specific credit towards their fair share of affordable housing obligations for each unit designated for this group. By aligning the provisions under this bill with existing affordable housing policies, it aims to improve housing access for veterans who are often underserved in the housing market.

Contention

While the bill has provisions aimed at supporting veterans, concerns have been raised regarding its possible implications for local governance and equity in housing distribution. Critics argue that prioritizing veterans in the affordable housing application process may inadvertently disadvantage other vulnerable groups in need of housing assistance. Therefore, while the intent behind the bill is commendable, it may create tensions regarding the already limited availability of affordable housing options in many municipalities.

Companion Bills

NJ A5390

Carry Over Concerns standards for fair share affordable housing credit for housing reserved for veterans; requires veteran preference in certain affordable housing application administration.

Previously Filed As

NJ A5390

Concerns standards for fair share affordable housing credit for housing reserved for veterans; requires veteran preference in certain affordable housing application administration.

NJ A322

Establishing veterans' affordable housing preference; authorizing bonus fair share credit for veterans' affordable housing.

NJ A261

Establishing veterans' affordable housing preference; authorizing bonus fair share credit for veterans' affordable housing.

NJ S3826

Establishing veterans' affordable housing preference; authorizing bonus fair share credit for veterans' affordable housing.

NJ S3761

Authorizes two fair share affordable housing credits for housing reserved for veterans.

NJ S1751

Requires COAH to credit municipalities with units against fair share affordable housing obligation for certain types of housing; provides certain types of affordable housing units will be credited as two units.

NJ A4147

Requires COAH to credit municipalities with units against fair share affordable housing obligation for certain types of housing; provides certain types of affordable housing units will be credited as two units.

NJ S821

Requires COAH to credit municipalities with units against fair share affordable housing obligation for certain types of housing; provides certain types of affordable housing units will be credited as two units.

NJ S2313

Authorizes COAH to credit municipalities with 1.5 units of fair share affordable housing obligation for each housing unit occupied by a veteran; permits municipalities to satisfy fair share affordable housing obligation through 35 percent set aside for veterans.

NJ S140

Authorizes COAH to credit municipalities with 1.5 units of fair share affordable housing obligation for each housing unit occupied by a veteran; permits municipalities to satisfy fair share affordable housing obligation through 35 percent set aside for veterans.

Similar Bills

NJ S2340

Establishes the "New Jersey Residential Foreclosure Transformation Act."

NJ A4

Reforms municipal responsibilities concerning provision of affordable housing; abolishes COAH; appropriates $16 million.

NJ S50

Reforms municipal responsibilities concerning provision of affordable housing; abolishes COAH; appropriates $16 million.

NJ A5667

Clarifies requirements for land use plan element and housing plan element of municipal master plan.

NJ S4451

Clarifies requirements for land use plan element and housing plan element of municipal master plan.

NJ A5390

Concerns standards for fair share affordable housing credit for housing reserved for veterans; requires veteran preference in certain affordable housing application administration.

NJ S2763

Establishes the "New Jersey Residential Foreclosure Transformation Act."

NJ A4

Reforms municipal responsibilities concerning provision of affordable housing; abolishes COAH; appropriates $16 million.