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Market Intelligence Resource | April 29, 2016

New Jersey Launch Presentation For Money Follows the Person Housing Partnership Program

In this document released in December 2015, the New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the New Jersey Department of Community Affairs (DCA), together with New Jersey DHS, Division of Aging Services (DoAs) announced the launch of the the Money Follows the Person Housing Partnership Program (MFPHPP). This loan program will provide $2.85 million in capital subsidy to eligible non-profit and for-profit developers to build rental housing for individuals transitioning from nursing facilities to community settings . . .

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