New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S4071

Introduced
1/30/25  
Refer
1/30/25  
Report Pass
5/12/25  
Refer
5/12/25  

Caption

Authorizes HMFA to use certain tax credits; directs HMFA to conduct tax credit auctions to provide financial assistance for certain housing puropses.

Companion Bills

NJ A3128

Same As Authorizes HMFA to use certain tax credits; directs HMFA to conduct tax credit auctions to provide financial assistance for certain housing purposes.

Previously Filed As

NJ S4331

Authorizes HMFA to make certain reimbursements to support pre-purchase homebuyer counseling under Foreclosure Mediation Assistance Program.

NJ S433

Establishes limit on rent increase for senior citizen tenants of certain properties financed with assistance from HMFA.

NJ S3558

"Made in New Jersey Tax Credit Act"; provides CBT tax credits to taxpayers that purchase "New Jersey made" products.

NJ S3652

Creates home purchase grant program in HMFA for certain veterans who served in federal active duty; appropriates $2 million.

NJ S1622

Provides tax credits for hiring certain military spouses.

NJ S1204

"New Jersey Battlefield to Boardroom Act"; provides corporation business tax credits and gross income tax credits for qualified wages of certain veterans.

NJ S1759

Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.

NJ S4372

"Affordable Housing Insurance Stabilization Act"; establishes program within HMFA to provide financial assistance to qualified affordable housing property experiencing material insurance cost increases; appropriates $25 million.

NJ S1830

"New Jersey Workforce Housing Partnership Act"; incentivizes homebuyer assistance to certain employees, provides tax credits for development of certain workforce housing, and provides certain assistance and affordability protections for middle-income residents; appropriates $55 million.

NJ S3559

Provides gross income tax credit to certain totally and permanently disabled veterans for rent constituting property taxes.

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