A1247 • 2026

Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.

Housing

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Inganamort, Michael
Last action: 2026-01-13
Official status: Introduced, Referred to Assembly Housing Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.

What This Bill Does

Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.
Topic: Housing Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-01-13 New Jersey Legislature
Introduced, Referred to Assembly Housing Committee

Official Summary Text

Increases maximum municipal percentage of affordable fair share housing satisfied by age-restricted units to 50 percent.
Topic:
Housing
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text

A1247

ASSEMBLY, No. 1247

STATE OF NEW JERSEY

222nd LEGISLATURE

�

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblyman MICHAEL INGANAMORT

District 24 (Morris, Sussex and Warren)

Assemblywoman DAWN FANTASIA

District 24 (Morris, Sussex and Warren)

SYNOPSIS

���� Increases maximum municipal percentage of affordable
fair share housing satisfied by age-restricted units to 50 percent.

CURRENT VERSION OF TEXT

���� Introduced Pending Technical Review by Legislative
Counsel.

��

An Act
concerning
age-restricted affordable housing units
and supplementing Title 45 of the Revised Statutes.

����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:

���� 1.� Notwithstanding any law,
rule, or regulation to the contrary, the maximum percentage of a municipality�s
affordable fair share housing obligation which the municipality may meet by
age-restricted units shall be 50 percent.

���� 2.� This act shall take effect
immediately.

STATEMENT

���� This bill would establish the
maximum percentage of a municipality�s affordable fair share housing obligation
which may be met by age-restricted units in a municipality at 50 percent.� The
Council on Affordable Housing adopted its third-round regulations, since
partially invalidated by the courts, that reduced the percentage from 50
percent to 25 percent.