# N.J. Stat. § 55:14K-5.1: New Jersey Housing and Mortgage Finance Agency to provide written notice of funding

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.1

## Section

- **Citation:** N.J. Stat. § 55:14K-5.1
- **Heading:** New Jersey Housing and Mortgage Finance Agency to provide written notice of funding
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 55 / Chapter 14K / Section 14K-5.1

## Text

a. The executive director of the New Jersey Housing and Mortgage Finance Agency shall provide written notice to a county or municipality, as appropriate, when any funding is provided to a local or regional housing authority, or to a redevelopment corporation, agency or authority, for the purpose of financing a housing development project within the county or municipality. Such notification shall be made within five calendar days of the decision to provide the funding. b. In the case of a county organized under the "Optional County Charter Law," P.L.1972, c.154 (C.40:41A-1 et seq.), written notice shall be provided to the county executive or other appropriate executive officer, and to the board of chosen freeholders. In all other counties, written notice shall be provided to the members of the board of chosen freeholders. In the case of a municipality other than a municipality organized under the council-manager plan pursuant to the "Optional Municipal Charter Law," P.L.1950, c.210 (C.40:69A-1 et seq.), written notice shall be provided to the mayor and to the members of the council. In the case of a municipality organized under the council-manager plan pursuant to the "Optional Municipal Charter Law," P.L.1950, c.210 (C.40:69A-1 et seq.), written notice shall be provided to the manager and to the members of the council. L.1990,c.90,s.4.

## Nearby sections

- [N.J. Stat. § 55:14K-1 Short title](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-1.md)
- [N.J. Stat. § 55:14K-2 Legislative findings and declarations](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-2.md)
- [N.J. Stat. § 55:14K-3 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-3.md)
- [N.J. Stat. § 55:14K-4 New Jersey Housing and Mortgage Finance Agency.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-4.md)
- [N.J. Stat. § 55:14K-5 Powers of agency](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.md)
- [N.J. Stat. § 55:14K-5.1 New Jersey Housing and Mortgage Finance Agency to provide written notice of funding](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.1.md)
- [N.J. Stat. § 55:14K-5.2 Additional powers of New Jersey Housing and Mortgage Finance Agency](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.2.md)
- [N.J. Stat. § 55:14K-5.3 Transfer of certain reserves to State for housing needs.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.3.md)
- [N.J. Stat. § 55:14K-5.4 Eligible loans during states of emergency; conditions.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.4.md)
- [N.J. Stat. § 55:14K-5.5 Occupancy status, information access; shelter operator duties.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.5.md)
- [N.J. Stat. § 55:14K-5.6 Criteria for receiving funding; compliance.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.6.md)
- [N.J. Stat. § 55:14K-6 Financing of construction, improvement or rehabilitation of housing projects; loans; application; priorities.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-6.md)
- [N.J. Stat. § 55:14K-7 Terms and conditions of loans.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-7.md)
- [N.J. Stat. § 55:14K-7.1 Shower, bathtub safety rails required in certain senior rental projects.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-7.1.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C14K_S14K-5.1. Check the current official text before relying on it. Not legal advice.