Requires State to issue biennial report of unutilized State-owned property and potential for use as affordable housing.
Received in the Assembly, Referred to Assembly Appropriations Committee
Summary
The bill directs the Department of the Treasury to create a list of all state‑owned real property that is not being used, and to assess whether each parcel could be turned into low‑ or moderate‑income housing. State agencies must submit their own lists every two years, and the compiled report is sent to the governor and legislature and posted online. The goal is to identify assets that could help address New Jersey’s affordable‑housing shortage.
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