Stimulus update: Deadline for New Jersey homeowners to apply for $1,500 program in 20 days

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Economy
Dollar bills are deposited in a tip box, Sept. 9, 2020 in New York. (AP Photo/Mark Lennihan) Mark Lennihan/AP

Stimulus update: Deadline for New Jersey homeowners to apply for $1,500 program in 20 days

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New Jersey homeowners only have a little less than three weeks to apply for a program that will give them up to $1,500 within the first half of the year.

The Affordable New Jersey Communities for Homeowners and Renters program is still accepting applications from New Jersey homeowners and renters through Jan. 31. 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, according to the New Jersey Department of Taxation.

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Renters will not receive nearly as much as their homeowner counterparts but can expect to receive a payment of $450 if they make $150,000 or less annually.

State homeowners and renters who apply for this program will have their payments issued to them no later than May of this year. Payments will also not be given to recipients in the order that they were received.

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. They are also not given an ID or PIN.

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Applicants for this program, regardless of if they are homeowners or renters, can also print an application from the internet and mail it in with any other documents required.

Additional information regarding this program can be found online on the Division of Taxation’s website.

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