New Jersey § 55:14k-17

§ 55:14k-17.

a. To assure that there exists sufficient money in the Boarding House Rental Assistance

Fund so as to permit the fund to be fully employed in furtherance of its purposes

and to enable the Commissioner of the Department of Community Affairs to fulfill his

commitments under rental assistance agreements, there shall be appropriated in each

fiscal year and paid to the Department of Community Affairs for deposit in the Boarding

House Rental Assistance Fund (1) from the Casino Revenue Fund, the amount of money

requested for that fiscal year by the commissioner in the applicable Boarding House

Rental Assistance Fund Annual Report, as amended by the commissioner from time to

time, for the benefit of boarding house residents who are either senior citizens or

disabled residents of the State within the meaning of regulations promulgated by the

commissioner; and (2) from the General Fund of the State of New Jersey, the amount

of money requested for that fiscal year by the commissioner in the applicable Boarding

House Assistance Fund Annual Report, as amended by the commissioner from time to time,

for the benefit of boarding house residents who are neither senior citizens nor disabled

residents of the State within the meaning of regulations promulgated by the commissioner,

either as rental assistance payments or direct debt service on loans. b. After receipt of each Boarding House Rental Assistance Fund Annual Report, the

State Treasurer shall determine whether or not during the preceding fiscal year rental

assistance payments were made with funds appropriated from the Casino Revenue Fund

to or on behalf of residents of boarding houses who, were they families as defined

in subsection f. of section 3 of this act, 1 would have constituted families qualified for admission to housing projects under

section 8 of this act 2 during such fiscal year, but who were not either senior citizens or disabled residents

of the State within the meaning of regulations promulgated by the commissioner. Upon making a determination that funds were appropriated from the Casino Revenue

Fund to or on behalf of one or more of such residents, the Treasurer shall request

and the State shall appropriate from the General Fund to the Casino Revenue Fund an

amount of money equal to payments so made from funds appropriated from the Casino

Revenue Fund; but neither the request nor the appropriation shall be required if,

or to the extent that, the amount of payments is reimbursed from any other available

source, which may be, but shall not be limited to, a payment from unencumbered funds

of the agency, as authorized by the agency. c. If the Commissioner of the Department of Community Affairs is for any reason unable

to make rental assistance payments on one or more rental assistance agreements, the

agency may, but shall be under no obligation to, authorize payments from its unencumbered

reserves. If no such authorization is made, or if the agency's payment is only intended to

be a temporary source of funding in order to satisfy payments due on bonds issued

to finance life safety improvement loans, or the amount authorized is insufficient

to make full payments under the agreements, there shall be appropriated from the General

Fund in each fiscal year and paid to the Department of Community Affairs, for disbursement

to the agency, sufficient funds to make full payments. The commissioner shall annually report to the Governor and the Treasurer detailing

the need for the appropriations. 1

N.J.S.A. § 55:14K-3. 2

N.J.S.A. § 55:14K-8.