ABOUT AFFORDABLE HOUSING
What is affordable housing?
Affordable housing, unlike market rate housing, has affordability controls limiting the rent or sales price for at least 30 years. The New Jersey Council on Affordable Housing considers housing “affordable” if the household pays approximately 28% or less of the household’s gross income on housing costs. Affordable housing is priced to be affordable to households earning up to 80% of the area median income for the region in which the affordable housing is located.
Who Qualifies for Affordable Housing?
What it the Income Certification Process?
What is the Documentation Required for the Income Certification?
What is an Affordable Deed Restriction?
Fair Housing and
Equal Housing Opportunities
It is unlawful to discriminate against any person making application to buy or rent a home with regard to race, creed, color, national origin, ancestry, age, marital status, affectional or sexual orientation, familial status, disability, nationality, sex, gender identity or expression or source of lawful income used for mortgage or rental payments.
For more information on discrimination or if anyone feels they are a victim of discrimination, please contact the New Jersey Division on Civil Rights at 1-866-405-3050 or http://www.state.nj.us/lps/dcr/index.html.
MAKING HOME POSSIBLE
Our outstanding reputation with federal funding agencies stems from our exceptional record of project implementation and program accountability.
