This bill amends existing New Jersey law to extend affordable housing preferences to certain South Korean veterans who served as allies to the United States during the Vietnam conflict. Specifically, it includes provisions that define "disabled veteran" and "veteran" to encompass South Korean military veterans who are citizens and residents of New Jersey and have been declared by the South Korean equivalent of the United States Veterans Administration to have a service-connected disability. The bill also provides housing preferences for surviving spouses and primary caregivers of these veterans, ensuring they receive priority in affordable housing projects.

The bill mandates that the Commissioner of Community Affairs establish rules and regulations to implement these housing preferences in projects financed by various state and local authorities. It emphasizes that all applicants must meet income requirements for admission to these housing projects. The legislation is set to take effect three months after its enactment, allowing for necessary preparatory actions by the Commissioner and the Adjutant General of Military and Veterans' Affairs to ensure smooth implementation.

Statutes affected:
Introduced: 40:37A-114.1, 40A:12A-20.2, 55:14K-8, 38A:3-6