N.J. Stat. § 40A:20-5.1
Current through L. 2024, c. 87.
The provisions of section 5 of P.L. 1991, c.431 (C.40A:20-5) to the contrary notwithstanding, a nonprofit corporation organized for the purpose of developing, constructing and operating a qualified subsidized housing project may qualify as an urban renewal entity under P.L. 1991, c.431 (C.40A:20-1 et seq.) if its certificate of incorporation is in conformity with the requirements of the federal agency subsidizing the project.
N.J.S. § 40A:20-5.1