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Types of Assisted Living in New Jersey
Philosophy of Assisted Living

The New Jersey Housing and Mortgage Finance Agency (HMFA) welcomes the opportunity to introduce you to its new and innovative financing program for assisted living residences. The HMFA is the State's largest financier of affordable multifamily and senior citizen housing with more than 200 developments Statewide. Consistent with its public purpose to provide safe, affordable housing to the State's low-income population, the HMFA hopes to make assisted living an alternate for the less affluent frail elderly with this new program.  

Types of Assisted Living in New Jersey

THEY ARE NOT NURSING HOMES!
THEY ARE NOT HOTELS!
THEY ARE HOME, TO THOSE WHO LIVE THERE!!!

Assisted Living Residences (ALRs)

A newly constructed building which is being built specifically for the purpose of providing a supportive, homelike environment where aging-in- place can occur and is licensed by the New Jersey Department of Health and Senior Services.
Comprehensive Personal Care Homes (CPCHs)
A Class C Boarding Home licensed by the New Jersey Department of Community Affairs or, a Residential Health Care Home licensed by the New Jersey Department of Health and Senior Services both, of which were licensed and operating prior to 1993 and, converted to provide their residents with the opportunity to age-in-place.
Assisted Living Programs (ALPs)
This is a licensed program that can be delivered into senior citizen subsidized housing for the purpose of allowing the residents of that housing to remain in a more affordable setting and still receive the types of services that would permit them to age-in-place.

The Philosophy of Assisted Living

Based on the New Jersey Regulations for Assisted Living Residences
and Comprehensive Personal Care Homes
  1. Assisted Living residences are intended to promote "aging in place" in a homelike environment for frail elderly and disabled persons, including individuals requiring formal long-term care.
  2. Assisted living residences shall:
    • Ensure that residents receive supportive health and social services as needed to maintain independence, individuality, privacy and dignity in an apartment-style unit.
    • Promote resident self-direction and personal decision-making while protecting the health and safety of residents.
    • Promote "aging in place" in a home-like environment.
    • Promote resident self-direction and participation in decisions that emphasize independence, individuality, privacy, dignity and homelike surroundings.
  3. Assisted living facilities shall offer a suitable living arrangement for persons with a wide range of capabilities, disabilities, frailties and strengths, according to the following guidelines:
    • In general, assisted living is not appropriate for individuals who are incapable of responding to their environment, expressing volition, interacting or demonstrating any independent activity.
    • For example, individuals in a persistent vegetative state who require formal long-term care should not be placed and cared for in an assisted living residence or comprehensive personal care home.
  4. Assisted living providers shall post and distribute an approved statement of resident rights consistent with the following principles:
    • Provide personalized services and care to meet each resident's needs
    • Foster the independence and individuality of each resident
    • Treat each resident with respect, courtesy, consideration and dignity
    • Assure each resident the right to make choices with respect to services and lifestyle
    • Nurture the spirit and uniqueness of each resident
    • Encourage families and friends participation in resident service planning and implementation
    • Provide opportunities for the Assisted Living Facilities to become a valuable community resource



Multifamily Financing Programs
Multifamily Lending/Preservation
Application
Rate Lock
Current Interest Rate
Credit Enhancement
Equal Opportunity

More Information
Financing Assisted Living - Key Points (pdf 44k)
Assisted Living Underwriting & Financing Policy (pdf 249k)
Fee Schedule (pdf 9k)
Documents Required for Loan Processing (pdf 37k)

NJ Housing and Mortgage Finance Agency, 637 South Clinton Avenue, P.O. Box 18550, Trenton, NJ 08650
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New Jersey Housing and Mortgage Finance Agency
637 South Clinton Avenue
P.O. Box 18550
Trenton, NJ 08650
609-278-7400
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