New Jersey § 55:14k-67
Full text of New Jersey New Jersey Statutes § 55:14k-67, with citation guidance and answers to common questions.
§ 55:14k-67.
a. There is hereby established in the agency the Rental Housing Incentive Guarantee
Fund, which shall be non-revolving, for the purpose of funding loan guarantees authorized
pursuant to this act. b. There shall be paid into the fund: (1) moneys allocated to the agency under agreements
made with the New Jersey Economic Development Authority pursuant to section 9 of this
act 1 and (2) any other funds that may be made available to the fund by the agency, such
as funds available from bond redemptions or refundings, federal funds, available reserves,
moneys available from the Revolving Housing Development and Demonstration Grant Program
fund established pursuant to section 5 of P.L.1967, c. 82 ( C.52:27D-63 ), or any moneys available from any other program the purpose of which is to promote
affordable housing, up to an amount not to exceed $10,000,000, which shall be based
on lender participation and program demands. c. Moneys in the fund shall be used exclusively for (1) making payments in fulfillment
of the terms of loan guarantees entered into pursuant to section 5 of this act; 2 and (2) defraying the administrative costs of the agency in carrying out the purposes
and provisions of this act. 1
N.J.S.A. § 55:14K-68. 2
N.J.S.A. § 34:1B-3.
Frequently Asked Questions About New Jersey § 55:14k-67
What does New Jersey Statutes § 55:14k-67 cover?
Section 55:14k-67 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 55:14k-67?
A common citation format is "New Jersey Statutes § 55:14k-67" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 55:14k-67 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.