N.J. Admin. Code § 5:43-3.9

Current through Register Vol. 56, No. 21, November 4, 2024

Section 5:43-3.9 - Neighborhood rehabilitation projects

(a) The Balanced Housing Program may provide assistance to distressed urban municipalities to identify and moderately rehabilitate substandard units in one-to-four-family owner occupied structures within a target neighborhood.

(b) The maximum Balanced Housing grant to a municipality under a Neighborhood Rehabilitation Agreement shall be $ 500,000.

(c) Rehabilitation activity shall average at least $ 10,000 per unit over the contract period. The municipality may use the lesser of 16 percent of the grant or $ 2,000 per unit to administer the program.

(d) Applicants shall demonstrate to the satisfaction of the Division the existence of an active, systematic code enforcement program or a commitment to establish one within 90 days of the start date of a Balanced Housing contract.

(e) The following shall apply to municipalities administering a Neighborhood Rehabilitation Project:

1. Neighborhood Rehabilitation assistance is limited to one-to-four unit, owner-occupied structures; and

2. No Balanced Housing assistance shall be provided to occupied housing units unless the occupants have been certified as low or moderate income.

(f) In cases where a two-to-four unit structure is rehabilitated with Balanced Housing funds and one or more of the units are not assisted with Balanced Housing or required matching funds, a percentage of the cost of common area and system wide improvements equal to the percentage of unassisted units shall be paid by the owner. If the structure is owner-occupied and the owner can demonstrate extreme financial hardship, the Division may modify or waive this requirement.

(g) The maximum Balanced Housing Program assistance to any one unit may not exceed the following:

1. For owner-occupied units, $ 25,000; or

2. For renter-occupied units, the lesser of $ 10,000 or 75 percent of the rehabilitation cost; except that, if an owner can demonstrate extreme financial hardship, the Division may waive or modify the requirement to match funds for rental units.

(h) Eligible units shall be certified as substandard prior to the expenditure of funds.

(i) Any structure repaired in whole or in part with Balanced Housing funds must, upon completion to be certified as standard.

(j) Balanced Housing funds may be used only for work and repairs required to make a unit standard and any other work or repairs (including finishing and painting) that is directly related to the required activities. Improvements which are exclusively cosmetic and the purchase of free-standing appliances (not including refrigerators or stoves) are prohibited.

N.J. Admin. Code § 5:43-3.9

New Rule R.1992 d.144, effective 4/6/1992.
See: 23 N.J.R. 1075(a), 24 N.J.R. 1385(a).
Recodified from 5:14-3.10 and amended by R.1996 d.226, effective 5/20/1996.
See: 28 N.J.R. 6(a), 28 N.J.R. 2573(a).
Former section, "Section 202 and public housing new construction projects", recodified to 5:14-3.8.
Amended by R.2002 d.325, effective 10/7/2002.
See: 33 N.J.R. 3261(a), 34 N.J.R. 3500(a).
In (a), substituted "distressed urban municipalities" for "eligible applicants" following "provide assistance to" and "target" for "specified eligible" preceding "neighborhood"; rewrote (h) and (i).
Amended by R.2007 d.202, effective 7/2/2007.
See: 38 N.J.R. 3711(a), 39 N.J.R. 2517(a).
In (b), substituted "$ 500,000" for "$ 300,000"; and in (c), substituted "$ 10,000" for "$ 8,000".