Establishes Whole-Home Repairs Program in HMFA; appropriates $25 million.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates a Whole-Home Repairs Program within the New Jersey Housing and Mortgage Finance Agency (HMFA), allocating $25 million to support it. The program will provide grants and forgivable loans to eligible homeowners and landlords to make necessary repairs and improvements to their properties. These repairs will focus on addressing issues like accessibility, safety, energy efficiency, and weatherization, prioritizing low-income households and those facing financial hardship.
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Sponsors
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3 on record
Primary sponsors
Cosponsor
James Beach
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