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Small Landlord Emergency Grant Program

Published on September 2, 2020

State Agency	New Jersey Housing and Mortgage Finance Agency
Program Name	Small Landlord Emergency Grant Program
Program Description	A new program established to provide financial relief to small rental property owners who have experienced a loss of income resulting from the COVID-19 pandemic.
Program Website	njhousing.gov
Program Status	Closed to New Applicants
Start Date	08/09/2020
Eligibility Criteria	• Up to 80 percent of AMI in accordance with HUD’s MTSP income limits. • Must be the primary property owner of a residential rental property with three to ten total housing units for Round 1 and three to thirty for Round 2, and must not include seasonal or vacation rentals. • Owners must forgive outstanding back rent and late fees for the units the assistance covers for the duration of the assistance.
Eligible Activities	Rent Rent arrearages
Direct Recipient of Assistance	Landlord
Administration Structure	NJHMFA call center assists with the application and eligibility questions. Once the application is submitted, communication is conducted through email with individual reviewers. Award communication occurs through email and phone, as needed.
Maximum Length of Assistance	The four-month period between April and July 2020.
Maximum Assistance Available Per Household	None
Household Contribution Requirements	None
Total Household Recipients of Assistance as of Date	869
Funding Source	Coronavirus Relief Funds (CARES Act)
Total Funding Amount of Program	$5,000,000.00
Remaining Funds as of Date	$427,413.00
Date of Entry or Changes	11/27/2020