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 defines "disabled veteran" and "veteran" to include 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 includes provisions for the surviving spouses of these veterans, allowing them to qualify for affordable housing preferences.

The bill mandates that the Commissioner of Community Affairs establish rules and regulations to provide housing preferences for homeless veterans, disabled veterans, and family members who are primary caregivers to disabled veterans. It prioritizes applicants based on their status, with homeless veterans receiving the highest priority. The bill applies to affordable housing projects financed by various state agencies and is set to take effect three months after enactment, with provisions for anticipatory actions by the Commissioner of Community Affairs and the Adjutant General of Military and Veterans' Affairs to implement its provisions.

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