Establishes Whole-Home Repairs Program in New Jersey Housing and Mortgage Finance Agency; appropriates $25 million.
The bill establishes a Whole-Home Repairs Program within the New Jersey Housing and Mortgage Finance Agency. It provides grants to eligible homeowners and forgivable loans to eligible landlords for whole-home repairs. The program aims to address physical accessibility, habitability, safety concerns, energy and water efficiency, resilience, and weatherization. The agency must prioritize applications from low-income households, seniors, persons with disabilities, and those facing imminent health and safety risks. The bill appropriates $25 million from the General Fund to implement the program.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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