S4065 — Adjusts method of determining regional need for affordable housing; permits timeline extension for municipalities to determine and plan for adjusted fair share obligations based on revisions to regional need.

S4065 — Adjusts method of determining regional need for affordable housing; permits timeline extension for municipalities to determine and plan for adjusted fair share obligations based on revisions to regional need. · Informed CitizenryThis bill amends the method for determining regional need for affordable housing in New Jersey. It replaces the existing 'prospective need' calculation with a new formula: the Department of Communi…Open in Informed Citizenry