NEW JERSEY APARTMENT ASSOCIATION STATEMENT ON THE CREATION OF A STATE RENTAL ASSISTANCE PROGRAM 

(MONROE TOWNSHIP, NJ) – The New Jersey Apartment Association (NJAA) was encouraged by today’s announcement by Governor Phil Murphy and Lt. Governor Sheila Oliver regarding the creation of a rental assistance program in New Jersey.

Regarding the announcement, NJAA executive director David H. Brogan said, “From the start of this crisis, our association and membership have been advocating for a rental assistance program to help those in need. The use of federal and state funds to support tenants facing financial challenges is imperative to keeping tenants in their homes and the multifamily industry intact. Our association looks forward to reviewing details of the state rental assistance program as they become available.”

The NJAA supported S-2332/A-3956 which passed the Legislature and was sent to the Governor’s desk earlier this month. “We are supportive of that well-thought out legislation due to the fact that it established rational criteria, focused on those impacted by COVID-19, and had protections to mitigate fraud. It is our sincere hope that the Governor’s program will incorporate and mirror those provisions,” said Mr. Brogan.

NJAA members continue to work with affected tenants by creating alternate payment plans and waiving late fees. However, state and federal rental assistance for those impacted by COVID-19 is absolutely necessary to help tenants, landlords, municipalities and the entire multifamily ecosystem.

The New Jersey Apartment Association (NJAA) is the premier trade association representing all facets of the multifamily housing industry, including market rate and affordable housing owners, managers, and developers, as well as suppliers. NJAA’s membership owns and manages over 220,000 apartments, providing quality housing to over one million New Jerseyans. 

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