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Attention Developers:
New Jersey Housing and Mortgage Finance Agency (HMFA) advances the quality of life for residents and communities throughout New Jersey by investing in, financing, and facilitating access to affordable rental housing and homeownership opportunities for low and moderate-income families, older adults, and individuals with specialized housing needs.
HMFA administers the following programs appropriated from the State’s “Coronavirus State Fiscal Recovery Fund” allocation, established pursuant to the federal American Rescue Plan Act of 2021, Pub. L. 117-2: the Affordable Housing Production Fund (AHPF), the Affordable Housing Production Fund Set-Aside (AHPFSA), the Urban Preservation Program (UPP), and the Workforce Housing Program (WHP), collectively known as the SLFRF Programs.
PLEASE NOTE: Due to expenditure deadlines associated with the State and Local Fiscal Recovery Funds (SLFRF) requirements, the final day to disburse funds is now December 1, 2026. The Governor’s Disaster Recovery Office established the final cutoff to ensure the State conforms to all federal requirements before December 31, 2026. Failure to meet these deadlines will result in SLFRF funds being recaptured by the U.S. Department of the Treasury.
Business Priorities: To ensure the timely disbursement of all SLFRF funds by the deadline of December 1, 2026, all requests for funds must be received by HMFA by 5:00 p.m. on Monday, November 16, 2026. This will allow for HMFA to process final requests and disburse all SLFRF funds by the December 1, 2026, deadline. HMFA will not have access to the SLFRF funds after December 1, 2026.
Multifamily Questions?
Please send questions to NJHMFAMultifamily@njhmfa.gov.
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