New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 80 - NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY
Subchapter 20 - CERTIFICATION AND RECERTIFICATION OF INCOME
Section 5:80-20.7 - Adjustments in tenancy
Current through Register Vol. 56, No. 18, September 16, 2024
(a) For families occupying a unit assisted by HUD subsidies such as Section 8 and 236, upon recertification, families whose income is in excess of the maximum income limit under applicable federal regulations are subject to adjustment or termination of HUD subsidies as needed to comply with applicable Federal regulations.
(b) Where, upon recertification, a family is occupying a market-rate unit, and that family's income is in excess of the maximum income limit underN.J.A.C. 5:80-8.2, the family may be subject to surcharges pursuant to N.J.A.C. 5:80-20.8 and may also be subject to eviction pursuant to N.J.A.C. 5:80-20.9.
(c) Upon recertification, housing sponsors must ensure that the project contains the number of low- and moderate-income families as required byN.J.A.C. 5:80-8.3.