On August 1, 2018, the New Jersey Housing and Mortgage Finance Agency (HMFA) and the New Jersey Hospital Association (NJHA) announced a partnership to promote hospital investment in supportive housing in their communities. HMFA has committed an investment in capital, to be matched by participating hospitals, to develop housing opportunities for community members in need. No details about the amount of capital involved are available.
While NJHA serves the role of convener and will provide consulting support for hospitals, the final projects to be financed will be determined by HMFA. As part of the partnership, HMFA will invest in up . . .