This bill amends the "Senior Citizens and Disabled Protected Tenancy Act" to extend the protected tenancy period for senior citizens and disabled tenants to their full lifetime, rather than a fixed period of 40 years. The legislation recognizes the detrimental effects of forced eviction on the mental and physical health of elderly individuals and those with disabilities, particularly in light of rising housing costs and the economic challenges exacerbated by the COVID-19 pandemic. The bill emphasizes the importance of maintaining stable living conditions for these vulnerable populations to prevent harmful disruptions in their lives.

Additionally, the bill clarifies definitions related to senior citizen and disabled tenants, ensuring that those who meet specific criteria are afforded the protections of the act. It aims to safeguard these tenants from alterations in tenancy terms or rent increases resulting from property conversions to condominiums or cooperatives. The changes reflect a commitment to public interest by addressing the unique challenges faced by senior citizens and disabled individuals in the housing market, particularly as life expectancies increase and the need for stable housing becomes more critical.

Statutes affected:
Introduced: 2A:18-61.23, 2A:18-61.24