New Jersey S393 allows municipalities to receive affordable housing credits for residents in shared-facility living arrangements.

New Jersey S393 allows municipalities to obtain affordable housing credits for each resident in alternative living arrangements, which include shared-facility structures like transitional homes for the homeless and group homes for the developmentally disabled. These credits can be used to fulfill the municipality's fair share housing obligation. The bill defines alternative living arrangements as those where residents share kitchen and plumbing facilities, central heat, and common areas. Affordability controls on these arrangements must remain in effect for at least 10 years.

New Jersey S393 allows municipalities to receive affordable housing credits for residents in shared-facility living arrangements.

New Jersey S393 allows municipalities to obtain affordable housing credits for each resident in alternative living arrangements, which include shared-facility structures like transitional homes for the homeless and group homes for the developmentally disabled. These credits can be used to fulfill the municipality's fair share housing obligation. The bill defines alternative living arrangements as those where residents share kitchen and plumbing facilities, central heat, and common areas. Affordability controls on these arrangements must remain in effect for at least 10 years.