Consumer Agreement 2016Consumer Agreement • February 5th, 2016
Contract Type FiledFebruary 5th, 2016The subsidy will be paid through the Supportive Housing Connection (SHC) at the NJ Housing & Mortgage Finance Agency. You accept the subsidy by reading/signing this agreement prior to being subsidized, and annually thereafter. Individuals receiving tenant based or sponsor/tenant based rental subsidies are required to pay 40% of their adjusted gross income towards the rent. Individuals receiving project based or sponsor/project based rental subsidies are required to pay 30% of their adjusted gross income towards the rent.