NJ Rental Assistance is Now Available - Application to Open on March 22, 2021
Posted March 19, 2021Opening March 22, 2021, the COVID-19 Emergency Rental Assistance Program Phase II (CVERAP Phase II) will provide rental arrears and temporary rental assistance to low- and moderate-income households that have had a substantial reduction in income, have qualified for unemployment benefits, incurred significant costs, or experienced a financial hardship due, directly, or indirectly, to the COVID-19 pandemic. Nan McKay & Associates has been authorized by the New Jersey Department of Community Affairs to assist in the administration of CVERAP Phase II and to communicate with applicants and landlords.
Persons applying must meet all applicable CVERAP Phase II income and eligibility requirements. You must be eighteen (18) years of age or older to apply or be an emancipated minor. Only one (1) application per household will be accepted. Applications will be accepted until enough applications have been received to ensure distribution of all available CVERAP Phase II funds. A computerized selection (lottery) process will be used to select residents who have been impacted by COVID-19 for eligibility determination.
Selected households must meet the following eligibility criteria to qualify for assistance:
- Qualify for unemployment or have experienced a reduction in household income, incurred significant costs, or experienced a financial hardship due, directly or indirectly, to the COVID-19 pandemic;
- Demonstrate a risk of experiencing homelessness or housing instability;
- Have a household income at or below 80 percent of the area median income (please see income limits below);
- Have a lack of assets and savings to pay rent arrears or current and future rent;
- Be a New Jersey resident; and
- Obligated to pay rent on a residential dwelling.
The program will only pay for rent arrears incurred after March 13, 2020.
Property managers or owners of a residential dwelling may apply for assistance on behalf of a tenant. The landlord must:
- Obtain the signature of the tenant on the application, which may be documented electronically; and
- Must provide documentation of the application to the tenant to notify the tenant that the application has been submitted.