New Jersey § 55:14k-15

§ 55:14k-15.

In furtherance of the purposes of sections 13 through 17 of this act, 1 the Commissioner of the Department of Community Affairs is authorized to enter into

rental assistance agreements with boarding house owners providing for the payment

of rental assistance to or on behalf of the residents of the boarding houses in respect

of that part of their rent that is attributable to debt service on life safety improvement

loans, as determined by the agency. Rental assistance agreements may permit or require the commissioner to make (i)

rental assistance payments on behalf of boarding house residents directly to the agency

or (ii) direct payments to the agency in satisfaction of the boarding house owners'

payment obligations on life safety improvement loans. As a condition to the payment of rental assistance, rental assistance agreements

shall require that the boarding house owner remit to the commissioner for return to

the Boarding House Rental Assistance Fund an amount equal to any rental assistance

payment made by the commissioner to or on behalf of a resident of the boarding house

who, were such resident a family as defined in subsection f. of section 3 of this

act, 2 would not have constituted a family qualified for admission to housing projects under

section 8 of this act, 3 at any time during the period covered by the rental assistance payment but the agency

may establish a lower income standard for residents of boarding houses which would

require remittance to the commissioner by the owners of boarding houses of rental

assistance payments formerly made by the commissioner to or on behalf of residents

with incomes above that income standard. 1

N.J.S.A. §§ 55:14K-13 to 55:14K-17. 2

N.J.S.A. § 55:14K-3. 3

N.J.S.A. § 55:14K-8.