New Jersey § 55:14J-42 Mortgage assistance account

New Jersey Statutes

§ 55:14J-42 — Mortgage assistance account

New Jersey § 55:14J-42

Title 55TENEMENT HOUSES AND PUBLIC HOUSING

This text of New Jersey § 55:14J-42 (Mortgage assistance account) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 55:14J-42 (2026).

Text

There is hereby created and established in the department a "Mortgage Assistance Account" which shall consist of: a. All moneys derived from the sale of the "State Mortgage Assistance Bonds" and appropriated from the proceeds of such bond sales.

b.Any moneys which the department shall receive in repayment of loans or advances from the Mortgage Assistance Fund established pursuant to P.L.1976, c. 94, notwithstanding the provisions of any act or part thereof.

c.Any other moneys made available to the department from any source or sources which the commissioner shall allocate to the fund for the purposes authorized by this act. L.1976, c. 133, s. 2, eff. Dec. 27, 1976.

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There is hereby created and established in the department a "Mortgage Assistance Account" which shall consist of: a. All moneys derived from the sale of the "State Mortgage Assistance Bonds" and appropriated from the proceeds of such bond sales. b. Any moneys which the department shall receive in repayment of loans or advances from the Mortgage Assistance Fund established pursuant to P.L.1976, c. 94, notwithstanding the provisions of any act or part thereof. c. Any other moneys made available to the department from any source or sources which the commissioner shall allocate to the fund for the purposes authorized by this act. L.1976, c. 133, s. 2, eff. Dec. 27, 1976.