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A1722 • 2026

Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.

Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.

Budget Housing
Passed Legislature

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

Sponsor
Reynolds-Jackson, Verlina
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.

Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.

Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.

What This Bill Does

  • Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.
  • 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

  1. 2026-01-13 New Jersey Legislature

    Introduced, Referred to Assembly Housing Committee

Official Summary Text

Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.
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 
A1722

ASSEMBLY, No. 1722

STATE OF NEW JERSEY

222nd LEGISLATURE

�

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblywoman VERLINA REYNOLDS-JACKSON

District 15 (Hunterdon and Mercer)

Co-Sponsored by:

Assemblywomen Donlon and Peterpaul

SYNOPSIS

���� Makes supplemental appropriation of $100 million to
Affordable Housing Production Fund in DCA for completion of 100-percent
affordable housing projects.

CURRENT VERSION OF TEXT

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

��

A
Supplement
to the annual appropriations act
for the fiscal year ending June 30, 2024, P.L.2023, c.74.

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

���� 1.� In addition to the amounts
appropriated under P.L.2023, c.74, the annual appropriations act for the fiscal
year ending June 30, 2024, there is appropriated from the General Fund the
following amount for the purpose specified:

22 DEPARTMENT OF COMMUNITY SERVICES

40 Community Development and
Environmental Management

41 Community Development Management

GRANTS-IN-AID

02-8020� Housing Services ............................................. $100,000,000

���������������� Total
Grants-In-Aid appropriation,���������������������������������������

������������������ Community
Development Management .....
$100,000,000

Grants-In-Aid:

Special Purpose:

�������� 02��� Affordable
Housing Production Fund��. ($100,000,000)

The amount hereinabove
appropriated for the Affordable Housing Production Fund, established pursuant
to P.L.2022, c.49, shall be utilized to provide grants to municipalities to
contract with developers for the completion of 100-percent affordable housing
projects.

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

STATEMENT

���� This bill provides a
supplemental appropriation of $100 million to the Affordable Housing Production
Fund (fund) in the Department of Community Affairs.� The purpose of the fund is
to provide financial assistance to municipalities to support the completion of
100-percent affordable housing projects.

���� The fund was established
pursuant to P.L.2022, c.49.� Under the law, �100-percent affordable housing
project� means an affordable housing project in which 100-percent of the
residential units are constructed for occupancy by low- and moderate-income
households and that has been identified in a fair share affordable housing
obligation judgment of repose entered into by the municipality.