The AHSI Program provides flexible financing to support the development, rehabilitation, and preservation of affordable housing. Financing may be utilized at various stages of an eligible project, including site preparation, new construction, substantial rehabilitation, and, where applicable, permanent financing. Eligible projects must include a qualifying affordable housing component and satisfy applicable NJRA program and underwriting requirements.
NJRA manages this flexible financing to support the development, rehabilitation, and preservation of affordable housing. Financing may be utilized at various stages of an eligible project, including site preparation, new construction, substantial rehabilitation, and, where applicable, permanent financing. Eligible projects must include a qualifying affordable housing component and satisfy applicable NJRA program and underwriting requirements.
To explore a AHSI loan or for more information regarding financing from NJRA, contact Business Development at (609) 278-5173.
