S 3051
Establishes Safe Haven Homeless Housing Program; appropriates $30 million.
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- Passed General Assembly
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- Became Law
Bill overview
This bill creates the Safe Haven Homeless Housing Program within the New Jersey Housing and Mortgage Finance Agency. The program aims to renovate or reconstruct underused buildings, such as shopping malls or warehouses, into transitional or permanent supportive housing for homeless individuals and families. It will provide low-interest loans to qualified developers and establishes a dedicated fund to support the program’s administration, with an initial appropriation of $30 million from the American Rescue Plan Act of 2021.
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