Round voting button logo

S.1830

"New Jersey Workforce Housing Partnership Act"; incentivizes homebuyer assistance to certain employees, provides tax credits for development of certain workforce housing, and provides certain assistance and affordability protections for middle-income residents; appropriates $55 million.

Introduced·1/13/26
Introduced Text

New Jersey Workforce Housing Partnership Act incentivizes homebuyer assistance to employees, provides tax credits for workforce housing development.

The New Jersey Workforce Housing Partnership Act establishes a Workforce Housing Assistance Program to incentivize employers to provide financial assistance to employees buying homes. It offers tax credits for businesses contributing to employee homeownership and encourages workforce housing development by employers. The act also provides certain assistance and affordability protections for low- and middle-income residents. It appropriates $55 million to fund these initiatives.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Community and Urban Affairs Committee
Next
Committee decision

Sponsors

DD
2
0
Democratic CaucusRepublican Caucus

History

Jan 13

Senate

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee