The Tax Credit Allocation Division is responsible for allocating all competitive (9% Tax Credits) and Volume Cap Tax Credits (4% Tax Credits) for the state of New Jersey. The Qualified Allocation Plan, or QAP, details the selection criteria and application requirements for both 9% and 4% Low Income Housing Tax Credits.

Proposed 2019-20 Qualified Allocation Plan (QAP)

• Download the Proposed 2019-20 Qualified Allocation Plan (QAP) (265k PDF) - Proposed amendments were presented on September 20, 2018 to the NJHMFA Board and were published in the NJ Register on November 19, 2018. Written comments on the proposed amendments will be accepted until January 18, 2019.

Current 2020 Timeline

• Download the 2020 QAP Timeline (78k PDF)

Competitive 9% Tax Credits are awarded one time annually. Applications for as-of-right 4% credits are accepted on a rolling basis.

Developers may apply using the UNIAP application, featured on the UNIAP Page.