The bill establishes the Resident Firefighter Grant Program within the Division of Fire Safety in the Department of Community Affairs. This program aims to provide grants to fire districts for the creation and expansion of resident firefighter programs, which are defined as programs where firefighters perform station duties in exchange for free living accommodations. The Director of the Division of Fire Safety is tasked with administering the program, which includes prescribing grant application procedures, assisting fire districts, establishing award criteria, and monitoring the use of grant funds. The bill emphasizes equitable distribution of grants across the northern, central, and southern regions of New Jersey.

Additionally, the bill mandates that the Department of Community Affairs request a minimum of $5 million annually as part of its budget proposal to fund these grants. It also encourages the pursuit of additional funding from federal, state, local, and private sources. The funds are intended for various purposes, including incentives for resident firefighters and the construction and supply of dormitories, which may include kitchen facilities.