The proposed bill establishes the Housing Placement for Survivors Program within the New Jersey Department of Children and Families, designed to assist domestic violence survivors by providing access to temporary housing at reduced rates. Property owners of qualifying housing units are encouraged to offer discounts of at least 30% off prevailing rental rates for a minimum of 30 days and a maximum of 180 days. In exchange, these owners can claim tax credits for the reduced rental rates, with a total cap of $15 million in tax credits available per fiscal year. The bill also mandates the creation of a registry of qualifying housing units, accessible only to designated domestic violence agencies to facilitate housing placements for survivors.

The bill outlines a certification process for housing units, requiring security features and documentation of rental rates. It prioritizes placements for survivors exiting emergency shelters or facing imminent homelessness, ensuring expedited placement within 24 hours of a request. The Commissioner of the Department of Children and Families will maintain the registry and report on the program's performance, including metrics such as participant numbers and housing transition rates. Additionally, the bill includes provisions for adopting rules and regulations to support the program's implementation, ensuring accountability and effectiveness in providing stable housing for domestic violence survivors.