New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 43 - NEIGHBORHOOD PRESERVATION BALANCED HOUSING PROGRAM
Subchapter 2 - FUNDING
Section 5:43-2.6 - Review criteria
Universal Citation: NJ Admin Code 5:43-2.6
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The Department shall evaluate eligible projects based on the criteria listed below. The Department shall favor the following:
1. Projects that are located in those
geographic areas or neighborhoods that have been designated by the Governor,
Commissioner and/or the State Planning Commission as locations appropriate for
intensive redevelopment.
2. In
urban aid municipalities, projects that provide mixed income housing
opportunities including low, moderate and market units;
3. Projects that seek to encourage minorities
and neighborhood residents that are employed by the sponsor/developer to
undertake construction, rehabilitation or other related development activities
for a specific purpose;
4. Projects
that have committed funds for the provision of support services and programs
that are appropriate for and accessible to residents;
5. Projects in which the affordability
controls shall be in place for a longer period than required in accordance with
5:43-4.1;
6. Projects that provide amenities, such as
additional bathrooms, storage space, porches, balconies, a private yard and
where appropriate, shared facilities, such as senior citizen activity rooms or
lounges;
7. Projects that serve a
population generally not served by the private market, for example, projects
that provide housing opportunities for households with incomes below 40 percent
range of affordability, persons with special needs or homeless
persons;
8. Projects that provide
family housing in developing communities;
9. Projects that may be expected to have a
positive impact on the neighborhood and/or would further the objectives of a
strategic neighborhood plan;
10.
Projects with rents and prices that are staggered so that the units are
affordable to a wide range of eligible households;
11. Projects in which the municipality
provides tangible, quantifiable support, for example, cash, land, fee
reduction, and/or loan guarantee, particularly in suburban communities;
and
12. Projects that are designed
to harmonize architecturally with the scale and character of the surrounding
buildings and, in general, reinforce or enhance the character of the
neighborhood in which they are located.
Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
