New Jersey S3841 delays the fourth round of affordable housing obligations until July 1, 2028.
New Jersey S3841 postpones the start of the fourth round of affordable housing obligations, including present and prospective need and related litigation, from 2025 to July 1, 2028. This delay aims to allow municipalities to better manage economic difficulties and rely on data from the third round to establish regional needs and obligations. The bill ensures that any settlements or judgments issued before July 1, 2025, remain unaffected. The delay is set to expire on June 30, 2028.
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