New Jersey S4066 mandates biennial reports on unutilized state-owned property and its potential for affordable housing.
New Jersey S4066 requires the State House Commission and the Department of the Treasury to compile lists of unutilized real property from state entities and analyze their feasibility for low-income and moderate-income housing. The report, detailing the inventory and analysis, must be submitted to the Governor and Legislature every two years and posted on the Department of the Treasury's website. The bill takes effect immediately.
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