Update on The Submission Deadline Date of Multifamily Financing Applications
NJHMFA encourages all of our business partners and constituents to submit any and all documentation in an electronic format whenever possible as staff will continue to check email and review information submitted electronically.
The Original MF Financing Application Submission Deadline Date of June 23, 2022 has been extended to July 6, 2022
Important:There will be one HMFA board meeting held on August 11, 2022 for applicants seeking a conditional financing commitment. Applicants seeking a conditional financing commitment at the August 11, 2022 meeting of the HMFA board must submit a complete financing application by no later than COB on July 6, 2022. The financing application submission must contain the required documentation as listed in the UNIAP to be deemed a complete financing application. Please refer to the UNIAP page 12, for the required documentation to be submitted. An incomplete financing application submission will not be processed nor advanced to the HMFA Board meeting for a conditional commitment.
The multi-family financing application fee is $4,000. The application fee for the Special Needs Housing Trust Fund Program is $1,000 for those projects applying to the Supportive Housing Cycle and for projects setting aside additional special needs units above the five units needed for points. Payment of the application fee is required for an application to be processed. For wire payments, please contact Ivelisse Melendez-Aguirre at 609-278-8884 or email at firstname.lastname@example.org.