New Jersey homeowners only have until the end of this month to apply for a program that will give them up to $1,500 by May 2023.
The Affordable New Jersey Communities for Homeowners and Renters program is accepting applications from New Jersey homeowners and renters through Jan. 31.
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The program will give homeowners $1,500 if their annual income is $150,000 or less and $1,000 if their annual income is over $150,000, according to the New Jersey Division of Taxation.
Renters in the Garden State will not receive nearly as much as homeowners but can expect to receive a payment of $450 if they make $150,000 or less annually.
State homeowners and renters who apply for this program will have their payments issued to them no later than May. Payments will not be given to recipients in the order that they were received.
To apply for this program, homeowners will need both an ANCHOR ID and PIN, which they will use to apply online or by phone by calling 877-658-2972.
The Division of Taxation recommends that renters apply online. There is no phone option for renters to use to apply for this program, and they are not given an ID or PIN.
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Applicants for this program, regardless of if they are homeowners or renters, can also print an application from the internet and mail it in with any other documents required.
Additional information regarding this program can be found online on the Division of Taxation’s website.
