NJHOMES Launchpad Predevelopment Fund 2026
NJHOMES Launchpad Predevelopment Fund 2026 supports nonprofit developers with housing development capital costs to create affordable homes for low- and moderate-income households in Launchpad communities.
Funder: New Jersey Department of Community Affairs
Due Dates: June 30, 2027 (Application initiation) | June 30, 2027 (Application submission)
Funding Amounts: Project-related capital costs; grant period January 1, 2026–December 31, 2027; completion up to three years after award
Summary: Supports nonprofit affordable housing developers working with NJHOMES Launchpad communities to create homes for low- and moderate-income households.
Key Information: Applicants must be nonprofit affordable housing developers working with NJHOMES Launchpad communities.
Description
The NJHOMES Launchpad Predevelopment Fund is administered by the New Jersey Department of Community Affairs (DCA), Division of Housing and Community Resources. It supports affordable housing creation in NJHOMES Launchpad communities by funding project-related capital costs associated with housing development. The program assists municipalities through nonprofit affordable housing developers working with these communities.
The fund’s intended beneficiaries are low- and moderate-income households, as defined by the Council on Affordable Housing. Its focus is housing production: support for development costs is tied to creating affordable units for these households. Applications undergo departmental review and discussion of applicant feasibility before funding decisions are made.
