Municipalities must account for abandoned properties and document rehabilitation efforts to receive certain state aid.

This bill mandates that municipalities maintain a registry of all abandoned properties within their jurisdiction. The registry must include details such as the property's address, owner, and rehabilitation status. The Department of Community Affairs is required to publish a statewide database of these properties. Additionally, the bill stipulates that owners of abandoned properties must document any rehabilitation efforts. Municipalities may impose an annual fee on property owners to cover the costs of these measures.

Municipalities must account for abandoned properties and document rehabilitation efforts to receive certain state aid.

This bill mandates that municipalities maintain a registry of all abandoned properties within their jurisdiction. The registry must include details such as the property's address, owner, and rehabilitation status. The Department of Community Affairs is required to publish a statewide database of these properties. Additionally, the bill stipulates that owners of abandoned properties must document any rehabilitation efforts. Municipalities may impose an annual fee on property owners to cover the costs of these measures.