New Jersey § 52:27d-329

§ 52:27d-329.

a. There is established within the Department of Community Affairs an Urban Housing

Assistance Program for the purposes of assisting certain municipalities in the provision

of housing through the rehabilitation of existing buildings or the construction of

affordable housing. b. Within the program there shall be established a trust fund to be known as the “Urban

Housing Assistance Fund,” into which may be deposited: (1) monies which may be available to the fund from any other programs established

for the purposes of housing rehabilitation, other than monies from the “New Jersey

Affordable Housing Trust Fund,” established pursuant to section 20 of P.L.1985, c.

222 ( C.52:27D-320 ); (2) monies appropriated by the Legislature to the fund; and (3) any other funds made available through State or federal housing programs for the

purposes of producing affordable housing, other than monies from the “New Jersey Affordable

Housing Trust Fund,” established pursuant to section 20 of P.L.1985, c. 222 ( C.52:27D-320 ). c. The Commissioner of Community Affairs shall develop a strategic five-year plan

for the program aimed at developing strategies to assist municipalities in creating

rehabilitation programs and other programs to produce safe, decent housing within

the municipality. d. The commissioner may award a housing rehabilitation grant to a municipality that

qualifies for aid pursuant to P.L.1978, c. 14 ( C.52:27D-178 et seq. ) and that has submitted a valid application to the Department of Community Affairs

which details the manner in which the municipality will utilize funding in order to

meet the municipality's need to rehabilitate or create safe, decent, and affordable

housing. e. The commissioner shall promulgate rules and regulations, pursuant to the “Administrative

Procedure Act,” P.L.1968, c. 410 ( C.52:14B-1 et seq. ), to effectuate the purposes of P.L.2008, c. 46 ( C.52:27D-329.1 et al.); provided that the regulations shall permit a municipality broad discretion

in shaping its housing rehabilitation and construction program, but shall not permit

a municipality to provide assistance to any household having an income greater than

120% of median household income for the housing region. The department may require a return of a grant upon its determination that a municipality

is not performing in accordance with its grant or with the regulations.