S3406 — Permits association of planned real estate development to file application with Department of Community Affairs to lower reserve fund obligations based on risk-mitigating features of development.

S3406 — Permits association of planned real estate development to file application with Department of Community Affairs to lower reserve fund obligations based on risk-mitigating features of development. · Informed CitizenryThis bill amends existing law to allow associations of planned real estate developments to apply to the Department of Community Affairs to lower their reserve fund obligations. These reductions wou…Open in Informed Citizenry