New Jersey · 2026-2027 Regular Session · Bill

S 4372: "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.

In committee Last action June 1, 2026: Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Plain-language summary

S 4372 is a bill introduced in the New Jersey Senate on June 1, 2026. According to its official title, it concerns: "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. Primary sponsor: Troy Singleton (Democratic). Most recent recorded action (June 1, 2026): Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee.

Sponsors

Primary sponsor: Troy Singleton (Democratic).