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Attention Managing Agents and Owners:
Program Overview:
Through this program, the State will address unmet housing recovery needs by providing financial assistance for Tropical Storm Ida recovery, resiliency projects, and climate change adaptations.
1. Reduce or eliminate the long-term risk of loss of life, injury, damage to and loss of property, and suffering and hardship by lessening the impact of future disasters
2. Recover from the disaster impacts of Tropical Storm Ida
3. Protect publicly funded recovery investments in the impacted community
Eligible properties can receive a maximum of $3.5 million per project, subject to the availability of funds.
Please see the guidelines on the Agency’s website. Applications will be available in January 2026.
In May 2022, the U.S. Department of Housing and Urban Development (HUD) allocated to the State of New Jersey $228,346,000 of Community Development Block Grant-Disaster Recovery (“CDBG-DR”) funding, made available through the Disaster Relief Supplemental Appropriations Act of 2022 (Pub. L. 117-43). In January 2023, HUD announced that the State of New Jersey would receive an additional $149,229,000 in CDBG–DR funding to support long-term recovery and mitigation efforts following Tropical Storm Ida (DR-4614). This allocation was made available through the Continuing Appropriations Act, 2023 (Pub. L. 117–180).
Funding for the Resilient Multifamily Housing Program (“RMHP”) is provided through HUD’s CDBG-DR Program, as appropriated by Congress as referenced above.
As a subrecipient of CDBG-DR funds from the New Jersey Department of Community Affairs (“DCA”), the New Jersey Housing and Mortgage Finance Agency (the “Agency”) has been charged with administration of the RMHP. The Agency received a total of $30 million in RMHP funds under DCA’s Action Plan Amendment 4 (“AP4”) to provide financial assistance for multifamily housing resiliency projects.
Questions? Please do not hesitate to contact our office with any inquiries regarding this announcement. Please email RMHP@njhmfa.gov for further assistance.
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