ASSEMBLY MILITARY AND VETERANS' AFFAIRS
COMMITTEE
STATEMENT TO
ASSEMBLY, No. 5306
STATE OF NEW JERSEY
DATED: FEBRUARY 13, 2025
The Assembly Military and Veterans' Affairs Committee reports
favorably Assembly Bill No. 5306.
This bill extends the existing affordable housing preference for
United States veterans to South Korean veterans who, as determined
by the Department of Military and Veterans’ Affairs, served in the
Vietnam conflict as allies to the United States, and are citizens and
residents of this State. The bill also extends certain existing affordable
housing preferences to surviving spouses and caretakers of South
Korean veterans who served in the Vietnam conflict as allies to the
United States.
The bill’s provisions apply to affordable housing in housing
projects that are financed by the New Jersey Housing and Mortgage
Finance Agency, public housing authorities, county improvement
authorities, redevelopment agencies, and the Department of
Community Affairs, when acting as a public housing authority.