This week the NJ HMFA announced the Small Landlord Emergency Grant Program. Rental property owners will be reimbursed for lost rent revenue due to COVID-19 April-July 2020, if they forgive outstanding back rent/late fees tenants accrued during this time.
This week the New Jersey Housing and Mortgage Finance Agency (HMFA) announced the Small Landlord Emergency Grant Program (SLEG). As a reminder, the program will reimburse residential rental property owners for lost rent revenue due to COVID-19 between April and July 2020, as long as landlords agree to forgive outstanding back rent and late fees that their tenants accrued during this time.
The application portal will open on Wednesday, August 19 at 9 a.m. and remain open until Wednesday, August 26 at 1 p.m. Once the application portal is closed, applications will be reviewed and awarded in a computer-randomized order to give each application an equal chance of being funded. Applications will be evaluated for eligibility and completeness. For more information, including eligibility requirements and contact information for those with questions, please see the NJ HMFA’s webpage.
Contact: Frank Marshall, Esq., Associate General Counsel, fmarshall@njlm.org, 609-695-3481 x137.