NJHOMES Launchpad Predevelopment Fund 2026
NJHOMES Launchpad Predevelopment Fund 2026 supports nonprofit housing developers with project-related capital costs to create affordable homes for low- and moderate-income families in Launchpad communities.
Funder: New Jersey Department of Community Affairs
Due Dates: June 30, 2027 (Application initiation and submission)
Funding Amounts: Awards vary; grant period January 1, 2026–December 31, 2027
Summary: Supports affordable housing development capital costs in NJHOMES Launchpad communities to create homes for low- and moderate-income families.
Key Information: Eligible applicants are nonprofit affordable housing developers working with NJHOMES Launchpad communities.
Description
The NJHOMES Launchpad Predevelopment Fund is offered by the New Jersey Department of Community Affairs through its Division of Housing and Community Resources. It assists eligible municipalities in creating housing units affordable to low- and moderate-income families, with nonprofit affordable housing developers working with NJHOMES Launchpad communities identified as eligible applicants.
The fund focuses on project-related capital costs associated with affordable housing development. Its intended beneficiaries are low- and moderate-income households whose income levels are defined by the Council on Affordable Housing. Program materials include rental and homeownership project proformas, housing production document submission resources, application instructions, and a dedicated predevelopment fund application guide.
