New jersey awards $35 million to expand affordable housing across 23 communities

New Jersey awards $35 million to expand affordable housing across 23 communities

by
November 28, 2025
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TRENTON, NJ – The New Jersey Department of Community Affairs (DCA) announced more than $35 million in new Affordable Housing Trust Fund (AHTF) investments for fiscal year 2026, funding 23 housing developments across the state that will create nearly 230 new affordable rental and homeownership units. An additional $10 million was awarded to Habitat for Humanity projects to build and rehabilitate homes for low- and moderate-income families.

The latest round of awards brings the Murphy administration’s total investment in state and federal housing trust funds to more than $260 million, supporting nearly 1,400 affordable homes statewide.

“These FY 2026 awards reflect our ongoing commitment to expanding and preserving affordable housing across New Jersey,” said DCA Commissioner Jacquelyn A. Suárez. “By investing in these projects, we’re helping municipalities create lasting, high-quality homes that meet the needs of today’s residents and future generations.”

Projects reach from North to South Jersey

The 23 selected projects include developments in urban, suburban, and rural areas, each designed to meet specific local housing needs. Among the recipients:

  • Greater Bergen Community Action for the Hackensack Family Apartments in Bergen County.
  • Interfaith Neighbors for the Marmora Center in Asbury Park.
  • The Veterans Center of Hoboken Phase II in Hudson County.
  • The Natirar Affordable Housing Development in Peapack & Gladstone.
  • The Sussex Woods Apartments in Randolph.

Each project received between $1.3 million and $3 million in AHTF funding and must remain affordable for at least 20 years.

Support for smaller and community-based developments

AHTF awards are designed to help smaller-scale projects — typically 25 or fewer units — that often struggle to secure financing. Many are led by community-based organizations with strong local ties and a focus on housing equity, sustainability, and accessibility.

“These awards make it possible for more people to put down roots and remain in the communities they know and love,” said DCA Assistant Commissioner Janel Winter.

Habitat for Humanity receives $10 million boost

Separate AHTF funding totaling $10 million will support Habitat for Humanity affiliates statewide, backing projects in Salem, Atlantic, Middlesex, Morris, Passaic, and Sussex counties. Highlights include:

  • A 12-unit Northfield development in Atlantic County.
  • Affordable homeownership projects in Old Bridge and Morristown.
  • Multiple new Paterson Habitat homes and condominiums.

Building toward New Jersey’s affordable housing goals

The DCA said the funding will help municipalities meet their constitutional affordable housing obligations and encourage the development of “lifecycle housing” — homes for residents at different income levels and life stages, from young professionals to seniors.

The Affordable Housing Trust Fund investments will create and preserve hundreds of affordable homes across New Jersey while helping towns meet their long-term housing responsibilities.

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