New Jersey
QAP scoring guide.
New Jersey Housing and Mortgage Finance Agency (NJHMFA) · 2026 QAP
Competitive scoring
Not stated in the QAP, and no verified NJ-specific recent award/scoring-summary data was located during this research (a Delaware award-ranking document was found in the working files but is for a different state and was disregarded). Leave as null rather than estimate.
Select a category to read its scoring criteria.
01Extended Affordability / Compliance Period Election
20 pts
02Public Housing Waiting Lists
2 pts
03Large-Family Units
5 pts
04Municipal Support
5 pts
05Resident Social Services
6 pts
06M/WBE Participation
5 pts
07Ready to Grow Area
2 pts
08Unit Amenities
6 pts
09Project Amenities
4 pts
10Community Policing / Public Safety
2 pts
11Site Selection (Positive/Negative Land Uses)
6 pts
12Syndicator/Investor Commitment
3 pts
13Green Building Certification
4 pts
14Neighborhood / Location Characteristics
12 pts
15Uncorrected Noncompliance (negative)
-15 pts
16Prior Full Credit Return (negative)
-5 pts
17Unpaid Monitoring Fees (negative)
-15 pts
18Failure to Submit Certifications (negative)
-15 pts
19Fair Housing Violations (negative)
-15 pts
20Developer / Property Management Experience
3 pts
21Homeless / Olmstead Set-Aside
3 pts
22Deep Income Targeting
8 pts
23Cure Period Use (negative)
-1 pts
24NJHMFA Mortgage Arrearages (negative)
-15 pts
25Bonus Point Election
1 pts
QAP (N.J.A.C. 5:80-33), "2026 Qualified Allocation Plan," Adopted February 2, 2026 (58 N.J.R. 991(a)): Section 5:80-33.14 (Scoring and ranking, including the 65%-of-maximum-score eligibility threshold); Section 5:80-33.15 (Point system for the Family Cycle -- the full 25-category rubric, pp.46-56); Section 5:80-33.16 (Point system for the Age-Friendly Senior Cycle -- incorporates the Family Cycle categories with modifications, pp.57-58); Section 5:80-33.17 (Point system for the Supportive Housing Cycle); Section 5:80-33.19 (Tiebreaker system, p.61); Sections 5:80-33.4, 33.5, 33.6, 33.7, 33.8 (cycle and set-aside structure, pp.16-23).
Tie-breakers
Review the agency’s tie-breaker rules alongside the scoring criteria.
- Non-TUM: municipality never got a 9% award, or longest since its last one
- TUM: municipality with lowest (most distressed) Municipal Revitalization Index ranking
- Age-Friendly Senior Cycle: fewest tax credits per tax-credit unit
- All other cycles: fewest tax credits per tax-credit bedroom
- Lower total development cost per bedroom (superintendent units excluded)
Underwriting parameters
QAP (N.J.A.C. 5:80-33), "2026 Qualified Allocation Plan," Adopted February 2, 2026 (58 N.J.R. 991(a)): Section 5:80-33.2 (Definitions -- developer fee, average income set-aside, "successfully developed and operated"); Section 5:80-33.12(c)5-7 (Application eligibility -- financial feasibility, funding sources, deferred developer fee cap, operating expense standards, 15-year pro forma); Section 5:80-33.9 (Volume cap credits/50% test); Sections 5:80-33.10 and 5:80-33.25 (fee schedules). Companion document: NJHMFA "Selection, Underwriting & Financing Guidelines & Policy, Multifamily Programs and Lending (Construction and/or Permanent)," approved August 28, 2025 (https://www.nj.gov/dca/hmfa/developers/docs/multifamily/mf_rental_financing_underwriting_guidelines.pdf) -- pp.6, 11 (DCR), p.21 (vacancy rate, escrows). Note: this companion guide covers NJHMFA's own multifamily mortgage lending program and states explicitly that LIHTC requirements may differ and the most restrictive of all funding sources' requirements should govern; it is the closest published NJHMFA underwriting-standards document since the QAP itself does not contain a single consolidated "Underwriting Standards" article.
Utility allowance
Preferred method: agency_estimate
NJHMFA/NJ DCA Utility Allowance Schedule ("Utility Allowance Chart") ↗2026 QAP (N.J.A.C. 5:80-33), Section 5:80-33.12(c)1ii)(2) — market study must present "detailed monthly utility allowance figures... separately for each utility type... and for each unit type"; also 5:80-33.32(d)3 (owner recordkeeping must show "rent charged on each residential rental unit... including any utility allowances"). Treas. Reg. 1.42-10 is never cited and no method hierarchy is stated in the QAP text (confirmed by full-text search of the 2026 QAP PDF).
