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A 3326

Relates to the taxation of electronic cigarette cartridges

2025 Regular Session Introduced by Jeffrey Dinowitz and 1 co-sponsor

Creates the Safe Haven Homeless Housing Program to fund developers renovating underused buildings into transitional or permanent supportive housing for very low-income, homeless, o

REFERRED TO WAYS AND MEANS
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Bill Summary · A 3326

Summary: Assembly Bill A 3326

Note: The bill title references “the taxation of electronic cigarette cartridges,” but the introduced text you provided centers on establishing a housing program. The summary below focuses on the provisions actually contained in the introduced version.

Executive Summary

A 3326 would create the Safe Haven Homeless Housing Program within the New Jersey Housing and Mortgage Finance Agency (HMFA). The program would fund developers to renovate or reconstruct underused buildings into transitional housing and/or permanent supportive housing for individuals and families who are or may become homeless. The funding would be provided as low-interest loans, financed by a dedicated Safe Haven Homeless Housing Fund, with initial federal ARPA-derived financing of $30 million.

Key Provisions

  • Program Establishment

    • Creates the Safe Haven Homeless Housing Program within HMFA.
    • HMFA would award funding to eligible developers to renovate or reconstruct underused developments into transitional housing, permanent supportive housing, or a combination.

  • Funding Mechanism

    • A new Safe Haven Homeless Housing Fund would be established and administered by HMFA.
    • Initial capitalization from the federal government (via ARPA) to HMFA: $30,000,000 to support program activities.
    • Interest and earnings on fund balances would remain in the fund.
    • HMFA would be reimbursed from the fund for reasonable administrative costs.

  • Definitions

    • Underused development: Vacant or underutilized buildings or structures (e.g., malls, warehouses, office parks, hotels, apartment buildings).
    • Transitional housing: Housing with on-site or off-site supportive services intended to move residents to permanent housing within a fixed period (generally up to 24 months).
    • Permanent supportive housing: Long-term housing with on-site or off-site supportive services for very low-income residents who are homeless or lack stable housing.
    • Very low-income household: Income at or below 30% of the area median income for the household size and composition.
    • Eligible applicant: A developer capable of renovating or reconstructing an underused development into transitional or permanent supportive housing.

  • Administration and Regulations

    • HMFA shall adopt rules and regulations under the Administrative Procedures Act to implement the program.

  • Implementation Timeline

    • The act takes effect immediately upon enactment.

Funding and Fiscal Details

  • ** appropriation:** $30 million in ARPA funds allocated to HMFA to operate the Safe Haven program.
  • ** Fund management:** Interest earnings stay within the Safe Haven Fund; HMFA is reimbursed for administrative costs.

Impact and Beneficiaries

  • Who is affected: Developers capable of renovating underused properties; very low-income households who are homeless or unstable/at risk of homelessness; communities with vacant or underutilized real estate.
  • Expected outcomes: Increased supply of transitional and permanent supportive housing; utilization of underused properties; potential stabilization of housing for vulnerable populations.

Legislative Status and Sponsors

  • Status: Referred to Ways and Means (Assembly).
  • Introduced: January 9, 2024 (Assembly).
  • Sponsors: Primary sponsor Jeffrey Dinowitz; cosponsor Amy Paulin.
  • Related Bills: Companion S 4190; several prior-session A bills listed as related.

Note on Title vs. Content

The bill’s published title mentions taxation of electronic cigarette cartridges, but the introduced text details a housing program and related funding. No tax provisions for e-cigarette cartridges are included in the introduced version provided.

Compiled from official sources — confirm details with the bill’s official record.

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