Bill

Bill > A2094


NJ A2094

Makes FY 2016 supplemental Grants-in-Aid appropriation of $10.5 million to DCA for State Rental Assistance Program.


summary

Introduced
01/09/2018
In Committee
01/09/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

This bill makes a FY 2016 supplemental Grants-in-Aid appropriation from the State General Fund of $10,500,000 to the Department of Community Affairs (DCA) for the State Rental Assistance Program (SRAP). Established by P.L.2004, c.140, SRAP is patterned after the federal Section 8 Housing Choice Voucher Program for low-income individuals and households. The FY 2016 appropriations act provided $18,500,000 for SRAP. The SRAP offers tenant-based rental assistance grants and project-based rental assistance. Tenant-based rental assistance grants are awarded through a lottery-type process open only to applicants on the department's existing Section 8 Housing Choice Voucher Program waiting list. Project-based rental assistance allocates payments to new or rehabilitated housing units for 15 years, and paid when qualified tenants occupy those units. Program regulations also reserve 35% of the rental assistance for persons currently on the SRAP waiting list. The amount of this supplemental appropriation, $10,500,000, represents funding for 1,000 additional vouchers to be issued through SRAP in FY 2016.

AI Summary

This bill makes a FY 2016 supplemental Grants-in-Aid appropriation of $10,500,000 from the State General Fund to the Department of Community Affairs (DCA) for the State Rental Assistance Program (SRAP). SRAP is patterned after the federal Section 8 Housing Choice Voucher Program and provides tenant-based rental assistance grants and project-based rental assistance to low-income individuals and households. The additional $10,500,000 will fund 1,000 more SRAP vouchers to be issued in FY 2016.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Introduced, Referred to Assembly Appropriations Committee (on 01/09/2018)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...