The Office of Departmental Grants Management and Oversight (ODGMO) of New Jersey is responsible for housing grants (HUD programs and initiatives) in the state of New Jersey. Although there are funds available to New Jersey residents, not everyone is eligible to apply and receive New Jersey Housing Grants. The ODGMO has set a list of policy priorities.
Housing Grants for Low-Income Residents in New Jersey
New Jersey's local government has set aside financial assistance for residents with no or low-income. According to the latest research, with an average household income of $70,378.00 per year, only 67.30% of the population paid off their mortgages on their homes. The average home value in New Jersey is $357,000.00. The main initiative behind this policy is to assist residents financially while they look for jobs or improve their income.
Housing Grants for Green Homes in New Jersey
There are currently 3,550,000 households in the state of New Jersey. The local government in New Jersey actively promotes green initiatives in the housing sector. Funds are available for residents of New Jersey to improve the sustainability of their homes through energy-efficient, environmentally friendly, and healthy design. For metropolitan and some regional areas in New Jersey, housing grants are also given to households to improve location efficiency and disaster resiliency.
Housing Grants for Minorities in New Jersey
To overcome discrimination due to race, color, nationality, gender, religion, disability, or familial status, the department of housing in New Jersey actively promotes fair housing by providing financial assistance in the form of housing grants to the minorities of New Jersey.
Housing Grants for Home Businesses
For residents of New Jersey who run businesses at home, they are eligible to apply for housing grants in addition to small business grants. If you use your home as a platform for improving other outcomes, such as business, education, health, or environment, the HUD initiatives will be able to provide you with the funding you need.
To apply for housing grants in New Jersey, contact New Jersey financial aid agencies.
Recent State Funding Opportunities
Below is a list of opportunities recently published in the local state:
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Grant application guides and resources
It is always free to apply for government grants. However the process may be very complex depending on the funding opportunity you are applying for. Let us help you!Apply for Grants