S 4190 New Jersey Senate · 2024-2025 Regular Session

Establishes Safe Haven Homeless Housing Program; appropriates $30 million.

This bill establishes New Jersey's Safe Haven Homeless Housing Program, administered by the Housing and Mortgage Finance Agency (HMFA). It provides low-interest loans to qualified developers to renovate vacant or underused buildings (like malls, hotels, or warehouses) into transitional housing (for up to 24 months) or permanent supportive housing for very low-income households (earning ≤30% of area median income). The program appropriates $30 million from federal American Rescue Plan Act funds to the HMFA’s Safe Haven Fund, which also includes interest earnings. The bill directly affects homeless or unstably housed individuals/families and eligible developers seeking to transform underused properties.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 3, 2025 Last action Mar 3, 2025
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Mar 3, 2025
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Benjie Wimberly
Benjie Wimberly
DDemocratic
NJ
35