February 16, 2023
Developer Bulletin 2023-3:
Affordable Housing Production Fund Guidelines
NJHMFA encourages all of our business partners and constituents to submit any and all documentation in an electronic format whenever possible as staff will continue to check email and review information submitted electronically.  

Attention Developers
The Affordable Housing Production Fund (AHPF) Guidelines were updated effective January 12, 2023.  Revisions include the following:
  • The project must be approved as part of a Fair Share Settlement Agreement and a deviation from the settlement agreement’s unit count and distribution not in excess of 5 units or 5 percent of units, whichever is greater, shall be considered de minimis and in compliance with the plan for the purposes of eligibility under this program. Any deviations from the settlement that exceed the de minimis standard must include an order from the relevant court approving the revised plan in order to be considered in compliance for the purposes of this program.
  • The maximum award was increased from $8 million to $10 million.
Please use the link below to view the updated guidelines.
Questions? Need Help? 

If you have questions regarding the AHPF Program please email your requests to Tanya Hudson-Murray, Managing Director of Multifamily Programs, or Donna Spencer, Director of the Multifamily/Supportive Housing and Lending Division.

Access forms, checklists, policies, previous developer bulletins, and more under the Developer Tab, on the NJHMFA website.
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New Jersey Housing and Mortgage Finance Agency | 609-278-7400 | NJHousing.gov