Requires DCA to calculate affordable housing obligations on Statewide growth-share calculation method.
Introduced First Reading Assembly Referred to AHO
Summary
The bill directs the DCA to calculate present and future affordable housing obligations for the entire state with a growth‑share formula that reflects residential and non‑residential development. It replaces earlier calculation methods, treats New Jersey as a single housing region, and repeals two sections of the 2024 housing law. The goal is to create a uniform measure of low‑ and moderate‑income housing need across all municipalities.
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