New JerseyS1430220th Legislature (2024-2025)SenateWALLET

Provides for expanded use of affordable housing voucher program funding.*

Sponsored By: Atkins, Reginald W., Angela V. McKnight (Democratic), Verlina Reynolds-Jackson (Democratic), Troy Singleton (Democratic), Sterley S. Stanley (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Emergency repair help for participating homeowners

Beginning December 12, 2024, New Jersey’s State rental assistance program must set aside funds for a Home Repair Emergency Assistance Fund. It helps families with needed home repairs and other homeownership costs while they participate in the State program. The law sets no funding share, assistance amount, or payment formula.

Homebuying help for housing voucher households

Beginning December 12, 2024, New Jersey’s State rental assistance program must set aside funds to help participating households buy homes. Households can use a voucher for monthly homeownership help or a one-time down-payment grant. Housing authorities handling federal Section 8 vouchers must offer a homeownership program or allow transfers to the state department’s federal voucher program. These transfers let households take part in its homeownership program. The law sets no funding share or household assistance amount.

Help for voucher families toward financial independence

Beginning December 12, 2024, New Jersey’s State rental assistance program must set aside funds for a family self-sufficiency program. It must be comparable to the federal Section 8 Family Self-Sufficiency Program. It aims to help participating families become financially independent and rely less on welfare and rent assistance. The law sets no funding share or household benefit amount.

Sponsors & Cosponsors

Cosponsors

Renee C. Burgess
Democratic • Senate
Margie Donlon M.D.
Democratic • House
Vin Gopal
Democratic • Senate
Hall, Garnet R.
Affiliation unavailable
Paul D. Moriarty
Democratic • Senate
Luanne M. Peterpaul Esq.
Democratic • House
Pou, Nellie
Affiliation unavailable
Annette Quijano
Democratic • House
Gabriel Rodriguez
Democratic • House
M. Teresa Ruiz
Democratic • Senate
William B. Sampson IV
Democratic • House
Michael Venezia
Democratic • House
Benjie E. Wimberly
Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 115 • No: 0

House vote • 10/28/2024

3RDG FINAL PASSAGE

Yes: 76 • No: 0 • Other: 1

Senate vote • 6/28/2024

3RDG FINAL PASSAGE

Yes: 39 • No: 0

Actions Timeline

Approved by Governor — P.L.2024, c.98.
12/12/2024Governor
Passed Assembly, PBH — (76-0-1)
10/28/2024House
Substituted for A586 (1R)
10/28/2024House
Received in Assembly, Without Reference, 2nd Reading in Assembly
6/28/2024House
Passed Senate — (39-0)
6/28/2024Senate
REP/SCA, 2nd Reading in Senate
6/26/2024Senate
Referred to Senate Budget and Appropriations Committee
1/25/2024Senate
REP/SCA, 2nd Reading in Senate
1/25/2024Senate
Introduced, 1st Reading in Senate, Referred to Senate Community and Urban Affairs Committee
1/9/2024Senate

Bill Text

Version PL2024
2/14/2025
HTML PDF
Version AL2024
1/27/2025
HTML PDF
Senate Budget and Appropriations (6/26/24 2R)
10/29/2024
HTML PDF
7/3/24; 2R
7/3/2024
HTML PDF
Senate Budget and Appropriations Substitute (6/26/24 1R)
6/27/2024
HTML PDF
4/17/24; 1R
4/17/2024
HTML PDF
Senate Community and Urban Affairs (1/25/24 1R)
2/9/2024
HTML PDF
As Introduced
1/26/2024
HTML PDF
Senate Community and Urban Affairs Substitute (1/25/24)
1/26/2024
HTML PDF

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