The bill establishes the Municipal Community Center Grant Program within the Division of Housing and Community Resources in the Department of Community Affairs. This program is designed to provide annual grants to municipalities for the construction of new community centers, with a focus on those that currently lack such facilities or have an insufficient number relative to their population. The director of the program will oversee the administration, including grant application procedures, evaluation of needs, and monitoring of fund usage.

Additionally, the bill mandates that the Department of Community Affairs request a minimum of $10 million annually as part of its budget proposal to fund these grants. It also encourages the department to seek out various funding sources, including federal, state, local, and private funds, to support the program. The bill aims to enhance community resources and recreational opportunities through the establishment of new community centers.