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What is HAS?
What is an affordable housing administrative agent?
Why would a municipality or developer need an administrative agent?

What is HAS?

Housing Affordability Service (HAS) at New Jersey Housing and Mortgage Finance Agency is an approved affordable housing administrative agent. HAS works with municipalities and developers of affordable housing to ensure that their affordable housing units are administered properly and effectively. Through the administration of these units across the State, HAS makes affordable housing available to those who need it.

The Council on Affordable Housing (COAH) requires that all municipalities seeking COAH credit contract with an approved administrative agent. The Uniform Housing Affordability Controls (UHAC, N.J.A.C 5:80-26.1) govern COAH housing units. HAS makes sure that all applicable UHAC policies and regulations are followed when developing and occupying affordable housing for its clients.

 

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What is an affordable housing administrative agent?

An Administrative Agent is an entity responsible for administering and monitoring affordable housing units that are subject to the Uniform Housing Affordability Controls (UHAC). Administrative Agents are responsible for certifying eligible households and furnishing the proper restriction documents for affordable units.

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Why would a municipality or developer need an administrative agent?

Any municipality providing affordable housing under the Council on Affordable Housing (COAH) is required to contract with an approved administrative agent in order to receive credit for its affordable housing units.

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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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