Home>Highlight>$100 million plan to assist rent payments approved by Senate

State Sen. Brian Stack. (Photo: Kevin Sanders for the New Jersey Globe).

$100 million plan to assist rent payments approved by Senate

Proposal sponsored by Stack, Sweeney and Corrado

By David Wildstein, April 13 2020 2:00 pm

The New Jersey Senate today approved a $100 million assistance program to help tenants who have lost their income during the coronavirus pandemic pay their rent.

“Many people in New Jersey are renters, and are unfortunately, not receiving direct help from their landlords. This is why the State has to step in and provide the assistance they desperately need,” said State Sen. Brian Stack, the mayor of Union City and one of the sponsors of the legislation. “New Jersey has struggled through recovery since the recession, and our housing market truly never recovered. Our families cannot afford to lose their homes after so many suffered that fate more than 10 years ago.”

The bill, also sponsored by Senate President Steve Sweeney and State Republican Conference Leader Kristin Corrado adapts the state’s homeless prevention program to no longer require a person to be in imminent danger of being homeless to be eligible for rent assistance.

“We must make it a priority during this pandemic to ensure that struggling New Jerseyans can keep a roof over their heads,” said Corrado. “Emergency housing assistance is coming for low-income residents who are having difficulty making ends meet. By funding this emergency grant program, we will allow eligible renters to breathe a sigh of relief.”

The bill passed the Senate 38-0.

“New Jersey, and the entire country, are in the midst of a significant economic crisis that is effecting the lives of everyone in this state,” Sweeney said. “It is imperative we help those who have unfortunately lived paycheck to check and now have lost most if not all of their financial footing.”

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