ICYMI: DCA to Open Application Period for FY2026 Affordable Housing Trust Fund This Week

September 2, 2025 | nj.gov

The New Jersey Department of Community Affairs (DCA) today (9/2) announced that it will issue a request for proposals (RFP) for the Fiscal Year 2026 Affordable Housing Trust Fund (AHTF) on September 5, 2025. The Department is making $35 million available, which will assist between 10 and 20 affordable housing projects statewide. On top of this, an additional $10 million will be set aside for Habitat for Humanity projects. Through the AHTF, municipalities and both for-profit and nonprofit developers can access financial assistance to advance affordable housing opportunities that provide high-quality homes, strengthen neighborhoods, and drive economic growth across New Jersey.

“Ensuring New Jerseyans have access to quality, affordable places to call home is crucial to our administration's efforts to create opportunity,” said Governor Phil Murphy. “This $45 million investment will help more working families set down roots in our state. This is a step in the right direction of fulfilling our affordable housing goals for New Jersey.”

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NJ SEED: The DCA announcement that it will begin accepting RFPs to finance affordable housing units is a good start, but much more needs to be done to meet demand. Perhaps if our cities were to be made cleaner and safer they might be acceptable sites for multiple affordable housing units.