Bill Text: NJ S2084 | 2016-2017 | Regular Session | Introduced
Bill Title: Makes FY 2016 supplemental Grants-in-Aid appropriation of $10.5 million to DCA for State Rental Assistance Program.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2016-04-25 - Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee [S2084 Detail]
Download: New_Jersey-2016-S2084-Introduced.html
Sponsored by:
Senator SHIRLEY K. TURNER
District 15 (Hunterdon and Mercer)
Senator BRIAN P. STACK
District 33 (Hudson)
SYNOPSIS
Makes FY 2016 supplemental Grants-in-Aid appropriation of $10.5 million to DCA for State Rental Assistance Program.
CURRENT VERSION OF TEXT
As introduced.
A Supplement to "An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2016 and regulating the disbursement thereof," approved June 26, 2015 (P.L.2015, c.63).
Be It Enacted by the Senate and the General Assembly of the State of New Jersey:
1. In addition to the amounts appropriated under P.L.2015, c.63, there is appropriated out of the General Fund the following sum for the purpose specified:
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22 DEPARTMENT OF COMMUNITY AFFAIRS 40 Community Development and Environmental Management 41 Community Development Management FUNDING CATEGORY |
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02-8020 Housing Services ...................................................... |
$10,500,000 |
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Total Grants-in-Aid Appropriation, |
$10,500,000 |
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Community Development Management ........ |
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Funding Category: |
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02 State Rental Assistance Program .............. |
($10,500,000) |
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2. This act shall take effect immediately.
STATEMENT
This bill makes a FY 2016 supplemental Grants-in-Aid appropriation from the State General Fund of $10,500,000 to the Department of Community Affairs (DCA) for the State Rental Assistance Program (SRAP). Established by P.L.2004, c.140, SRAP is patterned after the federal Section 8 Housing Choice Voucher Program for low-income individuals and households. The FY 2016 appropriations act provided $18,500,000 for SRAP.
The SRAP offers tenant-based rental assistance grants and project-based rental assistance. Tenant-based rental assistance grants are awarded through a lottery-type process open only to applicants on the department's existing Section 8 Housing Choice Voucher Program waiting list. Project-based rental assistance allocates payments to new or rehabilitated housing units for 15 years, which are paid when qualified tenants occupy those units. Program regulations also reserve 35% of the rental assistance for persons currently on the SRAP waiting list.
The amount of this supplemental appropriation, $10,500,000, represents funding for 1,000 additional vouchers to be issued through SRAP in FY 2016.
