U.S. Department of Health and Human Services via the New Jersey Department of Human Services . Provides for direct financial and technical assistance to municipalities over a three to five year period to conduct activities associated with the preservation of designated neighborhoods based on strategic revitalization plans within those municipalities. State Aid Appropriation. July 1 to June 30. Financial assistance recipients must take steps to recover relocation costs.
Amount is based on budget of approved Workable Relocation Assistance Plan.
Upon completing the rehabilitation work, the project sponsor receives financial assistance, administered by the Housing Assistance Element over a 10 year period, in the form of Section 8 rental assistance. Assistance is paid on behalf of eligible tenants living in the property. Submission of an application . U.S. Department of Health and Human Services, and U.S. Department of Energy. Additional grants are subject to maintaining contractual compliance and submission of budget.