Stimulus update: Deadline for homeowners to apply for $1,500 payment extended to February
Asher Notheis
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New Jersey homeowners have been given some extra time to apply for a program that will give them up to $1,500 thanks to the application deadline getting pushed back to the end of next month.
The Affordable New Jersey Communities for Homeowners and Renters program is now accepting applications from state homeowners and renters through Feb. 28. The deadline to apply to this program was pushed back from its original Jan. 31 deadline in order to allow all eligible residents of the Garden State to partake in this program, according to Gov. Phil Murphy’s (D-NJ) office.
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“This is money going right back into the pockets of roughly 2 million New Jersey middle-class and working homeowners, seniors, and tenants — households in which well more than half of all of our residents live,” Murphy said. “For more than a million homeowners, ANCHOR’s direct relief will effectively undo years of property tax increases — even up to a decade’s worth. And for nearly 1 million renters, ANCHOR’s tenant relief will cushion rent hikes.”
The Washington Examiner had reported from Jan. 11-22 that the deadline to apply to this program was set for Jan. 31. Those articles have been updated to reflect the correct deadline.
The program will give homeowners $1,500 if their annual income is $150,000 or less and $1,000 if their annual income is over $150,000. Renters, meanwhile, will not receive as much as homeowners, but they can still apply and receive a payment of $450 so long as they make $150,000 or less annually.
To apply for this program, homeowners will need both an ANCHOR ID and PIN, which they will use to apply online or by phone by calling 877-658-2972.
The Division of Taxation recommends that renters apply online. There is no phone option for renters to use to apply for this program, and they are not given an ID or PIN. Applicants for this program can also print an application from the internet and mail it in with any other documents required.
State homeowners and renters who apply for this program will have their payments issued to them no later than May. Payments will not be given to recipients in the order they were received.
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The Washington Examiner has contacted Murphy’s office for comment.
Additional information regarding this program can be found on the Division of Taxation’s website.