Affordable Housing Trust Fund 2027
Affordable Housing Trust Fund 2027 supports municipalities and housing developers with loans for rental and homeownership development serving low- and moderate-income households across New Jersey.
Funder: New Jersey Department of Community Affairs
Due Dates: November 19, 2026 (Application initiation) | November 19, 2026, 11:59 PM (Submission)
Funding Amounts: $50,000–$3,000,000 per project in loans; $30,000,000 total available
Summary: Loan assistance supports affordable housing development for low- and moderate-income households across New Jersey.
Key Information: Projects must be 100% affordable housing, contain no more than 25 units, and remain affordable for at least 20 years.
Description
The Affordable Housing Trust Fund is administered by the New Jersey Department of Community Affairs (NJDCA), Division of Housing and Community Resources. It provides municipalities and nonprofit and for-profit affordable housing developers with loans for housing serving low- and moderate-income households, as defined by the Council on Affordable Housing. Support covers hard and soft development costs, with allowable costs defined in the program guidelines.
The FY2027 RFP supports rental and homeownership projects, including senior and supportive housing meeting specific population requirements. NJDCA anticipates funding approximately 10–12 projects. Review considers financial feasibility, readiness, development-team capacity, cost reasonableness, site selection, and demonstrated market need. Priority points recognize nonprofit developers, additional family-sized units, and projects in designated Difficult to Develop Areas.
