New Jersey Housing and Mortgage Finance Agency

Allocations & Awards

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.

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.

Allocation Awards

View the current and historical allocation application and award information.

Election to Fix Tax Credit Percentage

Get more info on locking the applicable tax credit percentage for projects with Tax Exempt Bonds.

Tax Credit Assistance Program (TCAP)

Information and helpful documents regarding the Tax Credit Assistance Program (TCAP)

Tax Credit Exchange Program (TCX)

Information and helpful documents regarding the Tax Credit Exchange Program (TCX)

Binding Agreements, Carryover Allocations and 10% Test

Information and documents for completing a Binding Agreement, Carryover, or 10% Test submission.


Information, documents, and application
information regarding IRS Form 8609