New Jersey Department of Community Affairs (NJDCA) - Division of Housing and Community Resources
Grants to New Jersey nonprofit organizations and businesses to develop low-cost housing, including homeownership and rental projects for low-income residents. Funding may be used for expenses such as construction costs, financing and professional fees, acquisition, and development contingency.
Length of use, restriction period:
1) Homeownership Project: Minimum of 5 years to 30 years depending on amount of subsidy and location.
2) Rental Project: Minimum of 5 years to 30 years depending on amount of subsidy, type of construction and location.
GrantWatch ID#: 144238
Maximum amount of award: Federal per unit subsidy limit based on bedroom size and project funding gap. For more information, see the link in the Pre-Application Information section below.
Timeframe for Completion of Activities: Up to three (3) years from Grant Award date
USA: New Jersey
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