New Jersey Social Impact Investment Fund (SIIF) Interest Form

Welcome

Thank you for your interest in the New Jersey Social Impact Investment Fund (SIIF) Affordable Housing initiative!

The New Jersey Department of the Treasury has selected Nonprofit Finance Fund (NFF) to administer the SIIF, the state's first socially driven public finance vehicle. The SIIF will provide below-market-rate predevelopment loans to underserved affordable housing developers pursuing Low-Income Housing Tax Credits (LIHTC) for the first time. By expanding access to early-stage financing, the Fund aims to increase equity and opportunity in New Jersey's multifamily affordable housing sector, enabling a broader range of developers to participate in creating affordable homes across the state.

By submitting this form you acknowledge and agree that the responses provided to NFF may be shared with the New Jersey Housing and Mortgage Finance Agency and the NJ Department of Treasury. If you have any questions regarding your application, please contact us at NJSIIF@nff.org.

After you submit this form, we will be in touch to discuss your request.

Organization Information

Contact Information

First Name

Last Name

Title

Role at organization

Email

Phone

I would like to join NFF's mailing list for occasional updates and social sector insights.

Financing Needs

Does your organization or project have secured funding streams (e.g. executed grants, contracts, leases, contributions and other revenues) and identified reliable sources of repayment for the loan?

YesNo

Loan amount requested:

$

Please do not include any symbols or commas in your response.

Applicant Experience

Has your firm completed at least 2 other multifamily and or mixed use projects with at least 25 units in total?

YesNo

Have your firm been the primary developer or majority development partner in a funded LIHTC development project?

YesNo

Do you have site control for your project?

YesNoApplicants must meet the NJHMFA statutory, and regulatory and programmatic guideline requirements, including but not limited to the NJHMFA standards: https://www.nj.gov/dca/hmfa/developers/lihtc/compliance/

Financing Needs Details

Please provide more detail on your loan request and the intended use of the proceeds.

Project Address

If the financing is for a specific real estate project, will the project location be different from the organization address provided above?

YesNo

Project Street Address

Project City

Project State

Project Zip/Postal Code

Populations Served

Please estimate the percentage of the units in the project that will be affordable housing.

%

If your firm has completed an affordable housing preservation project, approximately what percentage of the tenants qualified as low-income?

%