New Jersey Assembly Bill A3309

New Jersey 2022-2023 Regular Session

• Introduced: 3/7/22
• Refer: 3/7/22

Caption

Clarifies intent of Legislature to protect certain senior tenants; aligns housing age restrictions with federal law.

Impact

The proposed changes under AB A3309 would have significant implications for future housing developments in municipalities that enforce rent control measures. By mandating that local rent control ordinances apply to new multiple dwellings that reserve units for seniors, the bill aims to safeguard affordable housing options for an aging population. The revision to the senior age definition aligns with current demographic trends, where communities focused on residents aged 55 and over are becoming more prevalent. This adjustment may encourage developers to construct more age-appropriate housing, fostering an inclusive environment for elder communities.

Summary

Assembly Bill A3309 seeks to clarify and align local rent control ordinances specifically regarding senior citizens housing in New Jersey. The bill aims to amend existing laws instituted in 1987 that provided exemption from rent control for newly constructed multiple dwellings. A major element of this bill is the adjustment of the definition of 'senior citizens' from 62 years of age to 55, enabling a broader scope for age-targeted housing that complies with federal standards for housing designated for older persons. The clarification is intended to reaffirm the legislative intent to protect senior tenants and ensure they benefit from local rent control provisions.

Contention

Supporters of AB A3309 argue that the bill is a necessary step to ensure that senior citizens are not excluded from the benefits of local rent control ordinances, which can prevent price gouging and protect vulnerable populations from rising living costs. However, some opposition may arise from stakeholders concerned about the potential impacts on the housing market, specifically regarding how these changes might affect property developers and the local economy. Critics may express concerns that enforcing further regulations on rental properties could deter investment in new construction and inadvertently limit the availability of new housing options.