Delays fourth round of affordable housing obligations until July 1, 2028.

This bill delays the start of the fourth round of affordable housing obligations, including present and prospective need and related litigation, until July 1, 2028. The delay is due to economic difficulties caused by the COVID-19 pandemic and the need for more data from the third round to establish regional needs and municipal obligations. The bill would not affect any settlements or judgments issued before the end of the third round on July 1, 2025. The bill would expire on June 30, 2028.

Delays fourth round of affordable housing obligations until July 1, 2028.

This bill delays the start of the fourth round of affordable housing obligations, including present and prospective need and related litigation, until July 1, 2028. The delay is due to economic difficulties caused by the COVID-19 pandemic and the need for more data from the third round to establish regional needs and municipal obligations. The bill would not affect any settlements or judgments issued before the end of the third round on July 1, 2025. The bill would expire on June 30, 2028.