Newark is experiencing a development renaissance, with NJ Housing and Mortgage Finance Agency's LIHTC program and aggressive city incentives driving affordable housing investment in the state's largest city.
These programs are available specifically to investors and developers in the Newark, NJ market.
New Jersey allocates one of the larger LIHTC pools in the Northeast, with Newark receiving significant allocation.
Learn moreLong-term tax abatements for qualifying housing developments in designated areas.
Economic development entity coordinating incentives for housing and commercial investment.
Learn moreFederal community development funds for affordable housing and neighborhood improvement.
Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In New Jersey, credits are allocated by NJHMFA.
Credits are allocated by NJHMFA through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.
View NJHMFA LIHTC ProgramMajor transit hub — 20 minutes from Manhattan by train
18 Opportunity Zones in a city undergoing rapid revitalization
Tax abatements significantly reduce holding costs
Lower entry points than NYC with access to NYC rental rates
FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Newark.
Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.
Learn moreShort-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.
Learn moreFinance multiple properties in Newark's Opportunity Zones under a single loan structure.
Learn moreTell us about your Newark investment plans. We'll match you with the best financing options within 24 hours.