Program Affordability Controls


Ten-year controls on affordability on both owner-occupied units and rental units are required. For rental units, the controls on affordability shall be in the form of a deed restriction and may also include a lien. If a unit is vacant upon initial rental subsequent to rehabilitation, or if a renter-occupied unit is re-rented prior to the end of controls on affordability, the deed restriction shall require the unit to be rented to a low- or moderate- income household at an affordable price and affirmatively marketed pursuant to the NJ.A.C. 5:97-9. Rents in rehabilitated units may increase annually based on the standards in NJ.A.C. 5:97-9.

  1. Affordable Housing

    Physical Address
    105 North Farview Avenue
    Paramus, NJ 07652

    Phone: 201-265-2100, ext. 2220
    Fax: 201-649-0740

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