The bill amends Section 19 of P.L.1975, c.291 (C.40:55D-28) to clarify and enhance the requirements for the land use plan element and housing plan element of municipal master plans in New Jersey. It introduces a detailed housing plan element that must evaluate the municipality's housing needs, including affordable housing, and outline strategies for its provision. This element is required to include an analysis of the existing housing inventory, future housing stock projections, demographic characteristics, and an evaluation of local economic factors affecting housing supply. Additionally, the bill mandates a climate change-related hazard vulnerability assessment and a strategy statement focused on smart growth and environmental sustainability.

Furthermore, the bill specifies the relationship between the land use plan element and the housing plan element, ensuring they are designed to work together effectively. It emphasizes the consideration of factors such as population density, development intensity, and the impact of natural hazards on housing and land use. The amendments also require the inclusion of adopted redevelopment plans for areas identified for redevelopment or rehabilitation, along with the status of ongoing projects in those areas. Overall, the bill aims to improve the integration of housing needs into municipal planning processes, ensuring comprehensive and coordinated plans that address current and future housing demands while promoting sustainable development practices.

Statutes affected:
Introduced: 40:55D-28, 52:27D-304, 52:27D-310