Njhmfa low income tax credit tenant income self certification - njhousing 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling out Part I: Development Data. Enter the property name, address, county, unit number, BIN number, and the number of bedrooms.
  3. Proceed to Part II: Household Composition. List each household member's last name, first name and middle initial, relationship to the head of household, date of birth, full-time student status (Y or N), and social security or alien registration number.
  4. Calculate the total annual household income and enter it in the designated field. Include all income from assets.
  5. Fill in the tenant-paid rent and utility allowance amounts. Then calculate and enter the gross rent for the unit.
  6. Indicate whether all occupants are full-time students. If yes, circle the applicable exception and attach documentation as required.
  7. Finally, ensure all household members sign and date the certification section to validate your information.

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A tax credit property is a residential development owned by a developer or landlord involved in the federal Low-Income Housing Tax Credit (LIHTC) program. This initiative allows property owners to receive tax credits in exchange for offering rental units to low-income individuals or families at below-market rates.
Tenant Income Certification (TIC) is a critical process in affordable housing programs, ensuring that the tenants who benefit from these programs meet the specific income requirements set forth by the governing authorities.

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