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A4386
ASSEMBLY, No. 4386
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED FEBRUARY 19, 2026
Sponsored by:
Assemblyman� ALEX SAUICKIE
District 12 (Burlington, Middlesex, Monmouth and Ocean)
SYNOPSIS
���� Permits fair share affordable housing bonus credit
for certain transitional housing reserved for occupancy by veterans.
CURRENT VERSION OF TEXT
���� As introduced.
��
An Act
authorizing fair share obligation credit for
certain transitional housing reserved for veterans
and supplementing P.L.1985, c.222 (C.52:27D-301 et al.).
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
���� 1.� a.� A municipality shall
receive one credit and one bonus credit for each bedroom within transitional
housing that is occupied, or restricted for occupancy for at least 10 years, by
a low or moderate income veteran.�
���� b.� As used in this section:
���� "Transitional
housing" means housing with on-site or off-site supportive services that
facilitate the movement of individuals and families, who are homeless or lack
stable housing to permanent housing, within a fixed amount of time, generally
up to 24 months.�
���� "Veteran" means a
citizen and resident of this State who has been discharged from full-time active
service in any branch of the Armed Forces of the United States, and includes
every form of separation from full-time active duty with military or naval pay
and allowances in a branch of the Armed Forces of the United States, other than
those marked "by sentence of general court martial," or "by
sentence of summary court martial."�
���� 2.� This act shall take effect
immediately.�
STATEMENT
���� This bill would authorize
certain transitional housing reserved for veterans to count for bonus credit
against the fair share affordable housing obligation of a municipality.�
���� The bill would allow a
municipality to obtain one credit and one bonus credit for each bedroom within
transitional housing that is occupied, or restricted for occupancy for at least
10 years, by a low or moderate income veteran.� As used in the bill, "transitional
housing" refers to housing with on-site or off-site supportive services
that facilitate the movement of individuals and families, who are homeless or
lack stable housing to permanent housing, within a fixed amount of time.� In
order to count for bonus credits, transitional housing would have to be
restricted to occupancy by veterans who are citizens and residents of New
Jersey, who have been discharged from full-time active service in any branch of
the Armed Forces of the United States, including every form of separation from
active, full-time duty with military or naval pay and allowances, other than
those marked "by sentence of general court martial," or "by sentence
of summary court martial."
���� This bill would take effect
immediately upon enactment.