New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 80 - NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY
Subchapter 1 - GENERAL PROVISIONS
Section 5:80-1.4 - Regulations regarding housing projects
Universal Citation: NJ Admin Code 5:80-1.4
Current through Register Vol. 56, No. 18, September 16, 2024
(a) All Agency financing in connection with housing projects having more than 25 units, including eligible loans and loans to lenders made with regard to housing projects, shall be subject to N.J.A.C. 5:80-2 through 9, 17, 18, 20, and 29 through 32. Where appropriate, other regulations within this chapter are specifically made applicable to housing projects. N.J.A.C. 5:80-2 through 9, 17, 18, 20, and 29 through 32 shall not apply to:
1. The construction or rehabilitation of:
i. Continuing care retirement
communities;
ii. Nonresidential
facilities or structures (other than those permitted within a housing
project);
iii. Boarding
houses;
iv. Residential
developments having 25 dwelling units or less; or
v. Special needs projects;
2. The improvement, acquisition,
operation, maintenance or repair of housing projects or any other structure or
improvement financed by the Agency (other than that determined by the Agency to
constitute substantial rehabilitation); or
3. Any housing project for which construction
or substantial rehabilitation commenced more than one year prior to the actual
date of the Agency's having provided financing for the project.
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.
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