Fair Share Housing Center, The Latino Action Network and the NAACP NJ Chapter all reached a voluntary agreement with HUD and the NJ Department of Community Affairs (DCA) to make substantial changes to the Sandy Disaster Relief Program known as the Fund for Restoration of MultiFamily Housing or FMR.
These changes offer significant opportunities for people of low income who may also live with special needs. Among the highlights of the agreement are set-asides of dollars for renters from affected Sandy counties who have been displaced as a result of the storm, recognition of very low income needs for rental housing, an increase of $10 million for special needs housing development (total now of $60 million in first and second rounds), and the requirement for DCA to apply to HUD for a waiver to allow other federal dollars (such as HOME) to be layered with Sandy funding to allow for expanded affordable housing development. The agreement also calls for training, counseling and transparency and outreach to minority populations.
Click here to read the agreement
Click here to read more about the agreement on the Fair Share Housing Center website