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Grant program to aid NJ tenants affected by Hurricane Sandy

 Oblique aerial photographs of Seaside Height Pier, NJ. View looking west along the New Jersey shore. Storm waves and surge eroded the beach and destroyed the seaward edge of the pier and deposited the roller coaster superstructure in the ocean. Sediment deposited on the island is visible in the background and indicates that overwash occurred here. The yellow arrow in each image points to the same feature.
June 23, 2013 5:40:06 AM PDT
New Jersey has launched a $40 million grant program to encourage landlords to rent vacant properties to low- and moderate-income tenants affected by Superstorm Sandy.

The Landlord Incentive program covers about 30 percent of monthly rents for qualifying tenants. The rates paid would vary slightly based on the number of bedrooms in the rental, the county and the tenant's income.

The program will be in effect for two years and is paid for with federal Community Development Block Grant funds the state has received.

State Community Affairs Department officials say the program aims to help 1,000 families and increase the state's affordable-housing stock in areas of the state affected by Sandy. Rental property owners must apply with the department to participate in the program.


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