Agency Regulations

Agency Regulations

Download the Agency Regulations (6MB PDF).

Proposed Amendments, Repeals and New Rules to Low Income Housing Tax Credit Qualified Allocation Plan, N.J.A.C. 5:80-33 - November 2018

Proposed amendments, repeals and new rules are being proposed by the Agency to the Low Income Housing Tax Credit Qualified Allocation Plan (QAP), which is codified at N.J.A.C. 5:80-33.1 et seq.  The proposal notice will be published in the November 19, 2018 New Jersey Register and is also available here (1.8MB PDF). 

A public hearing on the proposed amendments, repeals and new rules will be held in the boardroom of the Agency at 637 South Clinton Avenue, Trenton, New Jersey on Tuesday, December 11, 2018 at 10:00 a.m. 

Interested persons may appear and comment upon the proposed amendments; please call the Agency’s Division of Tax Credit Services at (609) 278-7629 if you wish to be included on the list of speakers.  Interested persons may also submit written comments, which will be accepted by the Agency until January 18, 2019.

Please submit such written comments to:

Anne Hamlin
Director, Tax Credit Services
New Jersey Housing and Mortgage Finance Agency
637 South Clinton Avenue
P.O. Box 18550
Trenton, NJ 08650-2085
Email: ahamlin@njhmfa.gov

View the proposal notice here (1.8MB PDF)

Proposed Amendments, New Rule, and Repeal to Rent Rules - September 2018

Proposed amendments, a new rule, and a rule repeal are being proposed by the Agency to its rent rules, which are codified at N.J.A.C. 5:80-9.  The proposal notice will be published in the September 17, 2018 issue of the New Jersey Register and is also available here (108k PDF).  The Agency will accept written comments on the proposal until November 16, 2018.

Waivers

Requests for waivers from the express provisions of the NJHMFA's regulations may be made by submitting such request to the attention of the Executive Director. Waivers may be granted only by the NJHMFA Board when such waiver would not contravene the provisions of the NJHMFA's enabling statute, N.J.S.A. 55:14K-1 et seq., and upon a finding that, in granting the waiver, the Board will be promoting the statutory purposes of the HMFA.

The NJHMFA's waiver regulation is found at N.J.A.C. 5:80-19.

Archive of Amendments


Notice of Readoption with Technical Changes of the Agency's Rules

The Agency has readopted its rules effective September 14, 2017, with technical changes effective October 16, 2017.  The readoption notice is published in the October 16, 2017 New Jersey Register and is also available here (822k PDF).  The rules are codified at N.J.A.C. 5:80.

Proposed Rule Repeals, New Rules, and Amendments

Proposed repeals, new rules, and amendments to the New Jersey Housing and Mortgage Finance Agency (“Agency”) rules, codified at N.J.A.C. 5:80-1 et seq., were published in the June 19, 2017 New Jersey Register. The proposed repeals, new rules, and amendments are intended to promote de-regulation, clarity, and accuracy of the Agency rules. The complete Agency proposal is available for review here. (210k PDF)

The proposal was adopted effective July 2, 2018, with non-substantial changes not requiring additional public notice and comment (see N.J.A.C. 1:30-6.3) and with the proposed repeal of N.J.A.C. 5:80-9.13 not adopted. The adoption notice as published in the July 2, 2018 New Jersey Register is available here. (86k PDF)

Adoption of Amendments to Qualified Allocation Plan

The Agency has adopted amendments to the Low-Income Housing Tax Credit Qualified Allocation Plan, codified at N.J.A.C. 5:80-33.1 et seq. 

The Notice of Adoption, which was published in the March 6, 2017 New Jersey Register, is available here. (171k PDF)