Legislation sponsored by State Sen. Brian Stack (D-Union City) to create a $100 million emergency rental assistance program for residential tenants facing a loss of income due to the coronavirus pandemic is winning praise from Gov. Phil Murphy and a multi-family trade association.
Murphy called Stack “a tireless champion for our renters.”
The COVID-19 Short-Term Rental Assistance Program announced by Murphy and Lt. Gov. Sheila Oliver on Friday will help low and moderate income residents, including New Jerseyans at risk of losing their homes.
“From the moment this crisis took hold, we’ve made it clear that New Jerseyans should not fear losing their home as a result of financial hardship caused by COVID-19,” Murphy said.
The Assembly version of Stack’s bill was sponsored by his running mates, Raj Mukherji (D-Jersey City) and Annette Chaparro (D-Hoboken), and Benjie Wimberly (D-Paterson), the chairman of the Assembly Housing Committee.
“This bill will truly help those in need by utilizing the infrastructure of an existing rental assistance program, maximizing the dollars allocated, and mitigating the potential for fraud,” said David Brogan, Executive Director of New Jersey Apartment Association. “The sponsors deserve a lot of credit for this thoughtfully crafted legislation.”