NJ
New Jersey Assembly Bill A1722
New Jersey 2026-2027 Regular Session
Menu
NJ

New Jersey 2026-2027 Regular Session

New Jersey Assembly Bill A1722

Introduced
1/13/26  

Caption

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

Impact

If enacted, A1722 would provide significant financial resources to local governments, empowering them to collaborate with developers to address their specific housing needs. The bill reflects New Jersey's commitment to enhancing affordable housing availability while positively impacting local economies. However, its effects will be contingent on how effectively municipalities can leverage this funding to fulfill their affordable housing obligations and meet community needs. The proposed measure is seen as crucial in alleviating housing shortages, particularly for vulnerable populations.

Summary

Assembly Bill A1722 proposes a supplemental appropriation of $100 million to the Affordable Housing Production Fund within the New Jersey Department of Community Affairs. This funding is specifically intended to support municipalities in the construction of 100-percent affordable housing projects. These projects must cater exclusively to low- and moderate-income households, fulfilling obligations outlined in an established fair share housing judgment of repose. The infusion of these funds aims to address ongoing housing challenges and promote inclusive residential development across New Jersey.

Contention

The discussion surrounding A1722 may center on the adequacy of the proposed funding and its long-term sustainability, as well as the state's ongoing commitment to affordable housing amidst financial constraints. Notably, while proponents emphasize the necessity of affordable housing for low-income households, critics may raise concerns about the potential reliance on state appropriations and the effectiveness of previously established housing funds. Overall, the bill illustrates the intricate balance between state support for housing and the autonomy of local municipalities in implementing housing strategies.

Latest NJ A1722 Activity

View All Events: NJ 2026-2027 Regular Session A1722

Companion Bills

NJ S3469

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

NJ A4691

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

Similar Bills

MD HB390

Budget Bill (Fiscal Year 2027)

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB280

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1161

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.