Governor Murphy announced financial institutions will provide mortgage and financial protections for New Jerseyans facing economic hardship as a result of COVID-19. For more information visit New Jersey's COVID-19 website
Affordable New Jersey Communities for Homeowners and Renters (ANCHOR)
This program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019 and met the income limits. ANCHOR payments will begin in the late Spring of 2023. The deadline for filing your ANCHOR benefit application is February 28, 2023. For more information visit: https://www.state.nj.us/treasury/taxation/anchor/index.shtml
About Princeton Affordable Housing
The Princeton commitment to Affordable Housing provides housing opportunities for a broad range of residents from diverse social and economic backgrounds. The Affordable Housing Department consists of the rental and sales programs. The two main providers of affordable rental housing in Princeton are Princeton Community Housing and Princeton Housing Authority.
Princeton Affordable Housing Department (PAH)
The Princeton Affordable Housing Department (PAH) administers the sales program in Princeton and oversees the affordable rental program. The Affordable Housing Sales Program offers properties for sale in Washington Oaks, Griggs Farm, and the former Princeton Borough.
Princeton Community Housing (PCH)
Princeton Community Housing (PCH) is the largest provider of low and moderate-income housing in Princeton. They own and manage Elm Court, Griggs Farm, Harriet Bryan House, and Princeton Community Village. Princeton Community Housing serves as the Administrative Agent for the Municipality of Princeton's affordable rental units, Merwick Stanworth, and Hopewell's Affordable Sales Program.
Princeton Housing Authority (PHA)
Princeton Housing Authority (PHA) is a federally funded corporation that owns and manages 236 family and senior/disabled apartments within five developments throughout Princeton. Princeton Housing Authority is independent from the Municipality of Princeton and is regulated by the Federal Department of Housing and Urban Development and the New Jersey Department of Community Affairs.