NJHMFA Small Landlord Repair Program

New Jersey Housing and Mortgage Finance Agency

Available Home Repair

About This Program

Forgivable loan program for small landlords (1-5 units) in New Jersey to make essential repairs to rental properties. Landlords must agree to keep rents affordable for low-income tenants. Loan forgiven over 5 years with compliance.

Forgivable loan, forgiven over 5 years if affordability requirements maintained

Key Details

  • Forgivable loan up to $50,000 for rental property repairs
  • For landlords with 1-5 rental units
  • Must maintain affordable rents for low-income tenants
  • Forgiven over 5 years with compliance
  • Covers essential systems and lead abatement

How to Apply

A grant-savvy contractor in Parsippany-Troy Hills, NJ can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Applications accepted on rolling basis

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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