Governor Signs Affordable Housing Bill Package
- West Windsor Democrats
- Mar 21, 2024
- 1 min read
As reported by the NJ League of Municipalities
On 3/20/24 Governor Phil Murphy signed a package of affordable housing bills including A-4/S-50, which overhauls the Fair Housing Act including the elimination of the Council on Affordable Housing (COAH).
With the signing of A-4/S-50, the Department of Community Affairs (DCA) will now begin the process of calculating the statewide and regional affordable housing need, as well as the municipal obligations. The law provides that the DCA must complete these calculations within seven months of the bill’s signing, which sets the deadline as October 20, 2024. Municipalities may accept the DCA’s calculation of their fair share obligation or adopt their own using the methodology outlined within the law through binding resolution before January 31, 2025. Interested parties have until February 28, 2025, to challenge municipal determinations.
Head over the link at the top of this story for a more in-depth review of this new legislation from the NJ Leagues of Municipalities.
Additional information can also be found at New Jersey Department of Community Affairs (DCA) | Governor Murphy Signs Landmark Affordable Housing Legislation (nj.gov)