Establishes the "Commission on Statewide Affordable Housing Obligations" to determine the need for low and moderate income housing in New Jersey.
The bill establishes the "Commission on Statewide Affordable Housing Obligations" to evaluate and determine the Statewide need for low and moderate income housing. The commission will identify factors influencing housing affordability, establish methods for calculating housing need, and report findings to the Governor and Legislature. It will also provide population and household projections for the State and housing regions. The commission consists of four members appointed by legislative leaders.
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