New Jersey
New Jersey Hosts Tax Credit Compliance Certification Course – Oct. 25 to 28
The New Jersey Housing and Mortgage Finance Agency is hosting a Tax Credit Compliance Certification Course and Exam at the Hilton Garden Inn in Hamilton, NJ, October 25 to 28 from 9 a.m. to 4 p.m. ET each day.
New Jersey Extends Nine Percent Cost Cap Waiver, Increases TDC Limits by Ten Percent
New Jersey Housing and Mortgage Finance Agency Board voted to approve an extension of the cost cap waiver to include nine percent projects awarded through the close of calendar year 2021.
New Jersey Extends MF Financing Application Deadline to July 6New Jersey Extends MF Financing Application Deadline to July 6
The New Jersey Housing and Mortgage Finance Agency (HMFA) extended its original Multifamily Financing Application submission deadline from June 23 to July 6.
New Jersey Extends Ten Percent Test for Carryover Allocations
The New Jersey Housing and Mortgage Finance Agency is extending the ten percent test for carryover allocations. If the original deadline for an owner of a building with a carryover allocation to meet the ten-percent test is on or after April 1, 2020, and on or before Dec. 31, 2020, the deadline is extended to […]
New Jersey Hosts Fair Housing Training – May 19 & 20
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) is offering a LIHTC with Fair Housing webinar from 9 a.m. to 4 p.m. ET on May 19 and 20.
New Jersey Special Needs Housing Trust Fund Underwriting and Financing Guidelines & Policy
The New Jersey Housing and Mortgage Finance Agency updated its Special Needs Housing Trust Fund Underwriting and Financing Guidelines and Policy effective Feb. 24, 2022.
New Jersey’s Proposed Budget Includes $300 Million for Affordable Housing
Governor Phil Murphy (D) released New Jersey’s proposed budget, which includes $300 million in American Rescue Plan Act funds for the Affordable Housing Production Fund to create 3,300 new affordable homes.
Submitting Applications for New Jersey’s Affordable Housing Gap Subsidy Program
The New Jersey Housing and Mortgage Finance Agency (HMFA) recently announced the Affordable Housing Gap Subsidy Program (AHGS), approved at the Jan. 13, 2022 board meeting.
New Jersey Launches $40 Million Affordable Housing Gap Subsidy Program
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) board of directors recently approved a $40 million Affordable Housing Gap Subsidy Program (AHGS).
New Jersey Tax Credit Compliance Webinar – Oct. 26 to 28
New Jersey Housing and Mortgage Finance Agency (NJHMFA) is offering a three-day Tax Credit Compliance Live Webinar.
New Jersey Enacts Housing Eviction Prevention, Utility Assistance Bill
New Jersey Gov.Phil Murphy (D) signed legislation that will provide eviction prevention and utility assistance for renters who have been financially impacted by the COVID-19 pandemic.
New Jersey Proposes Changes to Tenant Selection Standards
The New Jersey Housing and Mortgage Finance Agency is proposing amendments to its tenant selection standards rules. The proposed amendments clarify certain provisions and update the rules to correspond with current terminology and to remain current with legal standards arising from applicable State and Federal statutory and regulatory requirements related to fair housing, including guidance from HUD. Comments are due by September 17 to Jim Peasco, senior legal research analyst at jpeasco@njhmfa.gov.