The bill codifies the Bringing Veterans Home Initiative, which aims to provide safe and stable housing for every unhoused or homeless veteran in New Jersey. It mandates the Commissioner of Community Affairs, in collaboration with the Department of Military and Veterans Affairs, to establish and administer the initiative. Key responsibilities include creating six regional hubs to improve housing outcomes for veterans, utilizing state data to identify needs, and developing a standardized referral form for assistance. The initiative also involves classifying eligible veterans for various forms of support and facilitating access to benefits and housing programs.

Additionally, the bill requires the Commissioner to adopt rules and regulations to implement its provisions and to publish the standardized referral form on their websites. The initiative was announced on Veterans Day 2024 and aims to address veteran homelessness effectively. The bill is set to take effect immediately upon passage.