LIHTC Allocations Announced

25 Projects Funded in 8 Counties

LIHTC Allocations Announced
NJHMFA released the LIHTC allocations on August 1st for the counties hardest hit by Sandy.

A total $27.3 million was allocated for 25 projects. Of these:

  • 14 were family containing a total of 910 units,
  • 6 senior containing a total of 421 units and
  • 5 supportive housing containing a total of 270 units

The total number of units developed will be 1,539 rentals for families, seniors, and special needs individuals.

Here is a summary by County:

  • Atlantic: 4 family; 1 senior
  • Bergen: 2 family; 1 supportive
  • Cape May: 3 family
  • Essex: 2 family; 2 senior
  • Hudson: 1 family, 1 senior; 1 senior; 2 supportive
  • Middlesex: 1 family; 1 senior; 1 supportive
  • Monmouth: 1 family; 1 senior
  • Ocean: 1 supportive
  • Union: None

Click here for the full list of the LIHTC allocation.

Click here for the scores of all projects as well as the total allocation of funds.