Piazza & Associates

Policies & Procedures

Resale and Refinance Calculator Updated

If you own an affordable home, you will want to check out our updated estimate of the current maximum resale price and current maximum refinance amount of your home.  Click here for calculators for municipalities that we serve:  Resale and Refinance Calculator

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Asset Limits for COAH properties

Limits on Assets Adopted by COAH 2022 Counting Income from Assets: When calculating income to qualify households for affordable housing, assets are typically counted to the degree to which they generate income (e.g., the interest you earn on a savings account). Under...

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2022 Income Limits Adopted

The Schedule of Income Limits and Rate Increases for New Jersey for 2022 has been published by the Affordable Housing Professionals of New Jersey for all of those municipalities that have adopted this process of calculating the Area Median Incomes. These new numbers...

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Waiting Lists Closed

As of today, May 1, 2021, we have closed the waiting lists for The View in Fairfield, NJ and the Arbor in Union Township, NJ.  The number of applicants for properties continues to grow, and we understand that the supply does not keep up with the demand.  Please know...

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Upton Short Hills Wait List Closed

Due to the large number of applications on our waiting list for The Upton Short Hills, we have closed the list and are not accepting Preliminary Applications for this property. We have posted a list of the properties, which we administer, that have closed waiting...

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Lottery FAQ’s

Answers to frequently asked question. We are now using GoToWebinar for our random selection venue in order to better serve you.  GoToWebinar requires registration and is limited to 250 participants, as was our prior service.  Registering for GoToWebinar does NOT...

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Updated Property / Municipality List Available

For your convenience, we have updated the list of properties and municipalities to which you can apply by mail, internet or phone. Please download the list by clicking here: List of Properties / Municipalities. This list only includes properties where the waiting list...

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New Closed Waiting List… List

One of the most frustrating aspects of New Jersey's affordable housing is that there is simply not enough affordable units for those who need them.  Every time we advertise a new development with an affordable component we receive hundreds or thousands of applicants,...

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Covid-19 Policies

COVID-19 TEMPORARY POLICIES AND PROTOCALS UPDATED September 12, 2022 Thank your for your patience! We are getting back to "normal" on many fronts, to improve our service to you! Here are the updated policies and procedures. I am sure that there will be more in the...

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Resale Process: An Outline

Process for Selling an Affordable Home (Outline) Our organization coordinates certain aspects of the sales process for affordable homes on behalf of your municipalities. We are not real estate agents, however, and recommend that Sellers use of a qualified real estate...

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Financing an Affordable Home

Financing an Affordable Home We do not provide financing for affordable homes. It is up to each applicant to arrange for their own financing. When purchasing a unit, a written pre-approval from a financial organization is required that states the amount they are...

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Affordable Housing Covenants or Restrictions

An Outline of Affordable Housing Covenants for Sales Units If you are interested in owning an affordable home, your should familiarize yourself with these covenants or restrictions that all owners must adhere to. A. The property may be conveyed only to a household who...

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Application Policies and Procedures

OPERATING POLICIES AND PROCEDURES Piazza & Associates, Inc. is an independent Administrative Agent foraffordable housing services, working on behalf of properties and municipalities throughout the State of New Jersey, that provide affordable housing opportunities...

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Real Estate Professional

Professional help for Sellers of Affordable Homes Piazza & Associates, Inc. does not provide legal or real estate services, and we recommend that sellers be represented by an attorney in any real estate transaction. We have also found that licensed real estate...

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New Marketing Tool for Sales Units

Sale Properties to be listed on New Jersey Housing Resource Center The New Jersey Department of Community Affairs, the New Jersey Department of Human Services and the New Jersey Housing and Mortgage Finance Agency (HMFA) have teamed up with a national non-profit...

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