Adjusts method for determining regional need for affordable housing in New Jersey.
The bill modifies the method for determining regional need for affordable housing in New Jersey, aiming to base calculations on objective housing market data and realistic development projections. It allows municipalities 90 days to adjust their housing element and fair share plans after receiving revised fair share obligation estimates from the Department of Community Affairs. The bill also repeals and replaces the findings section of the Fair Housing Act.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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