If enacted, New Jersey towns would later exclude land below flood levels or within 100 feet of specially protected Category One waters from affordable housing land counts.
Towns would leave sites below federal or state flood levels, or within 100 feet of specially protected Category One waters, out of affordable housing land counts. This would start in the seventh month after enactment.
Towns could lower future affordable housing targets when planned homes would count as growing their population by more than 5% in 10 years. Unmet past targets would still apply.
Towns would leave these sites out of vacant-land counts for affordable housing. This applies when a town counts vacant land available for its affordable housing plan. A site must be below the latest federal flood elevation, below the applicable state flood elevation standard, or within 100 feet of state-designated Category One waters. The exclusion would start on the first day of the seventh month after enactment. State environmental officials would issue rules to guide these decisions by that day.
Towns could lower future affordable housing targets under a population growth cap. The cap applies to future housing targets. Unmet duties from earlier rounds remain separate. For the cap, each home counts as four residents, except a home for seniors counts as two. A town may use the existing 1,000-home cap if it gives the town a lower target. The population cap would take effect immediately if the bill becomes law.
No hearings or votes scheduled.