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
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...
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...
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...
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...
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...
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...
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,...
Calculating Income and Other Policies
Calculating Income Various properties utilize differing methods of calculating the income of applicants for affordable housing. Much depends on the particular program under which a property is operated. The most common set of requirements used in calculating income...
Covid-19 Policies
COVID-19 TEMPORARY POLICIES AND PROTOCALS LAST UPDATED June 24, 2021 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...
Sales Procedures
PIAZZA & ASSOCIATESSALES PROCEDURESHelpful ToolsNeed help or have any questions?
Preliminary Notice with a copy of a recorded deed
Request Resale or Refinance Information The New Jersey Council on Affordable Housing (COAH) requires that all affordable homes be sold at Restricted Sales Prices to Qualified Applicants, both of which are governed by our office for the municipalities listed, below. To...
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...
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...
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...
Privacy Policy for Affordable Housing Services
This privacy policy sets out how Piazza & Associates, Inc. uses and protects any information, related to affordable housing, that you give Piazza & Associates, Inc. when you use this web site or submit information to us on the telephone, in writing, though the...
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...
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...
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...
Update of Policies and Procedures
IMPORTANT POLICY UPDATE... We recently updated our policies and procedures. Here is a list of items which were modified: Right to Use Federal Guidelines: We do our best to describe the regulations and policies that govern the determination of household membership and...