January 9, 2022
Developer Bulletin 2023-1: REMINDER TO ENCOURAGE YOUR TENANTS TO APPLY FOR REBATES THROUGH THE ANCHOR PROGRAM BY JANUARY 31
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

New Jersey renters earning less than $150,000 may be eligible for relief under the ANCHOR program.
 
To be eligible for this year's benefit, renters must have occupied their primary residence on October 1st, 2019. They must also file (or be exempt from) NJ income taxes. The deadline for filing has been extended to January 31st, 2023.
 
Additionally, guidance issued in November 2022 clarified that income eligible residents, who meet the tenure requirements, are eligible for the rebate, regardless of whether the property they reside in has received a PILOT or not.

To ensure renters receive this historic relief, please notify your tenants of the January 31st, 2023 deadline to apply.

For additional information about the ANCHOR program, please visit nj.gov/treasury/taxation/anchor.
Questions? Need Help? 

If you have questions about the ANCHOR program, please visit nj.gov/treasury/taxation/anchor or call the ANCHOR Hotline at 1-888-238-1233 to speak to a representative.

For NJHMFA related inquiries, 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