The SHARES Rent or Tax Mortgage Assistance (SMART) program provides essential funding for rent or mortgage assistance to people who are currently facing eviction or foreclosure.
“Our SMART program is designed to help households on the brink of an emergency, where foreclosure and eviction are important,” explained Cheryl Stowell, CEO of NJ SHARES. “As New Jersey begins the process of reopening after the COVID-19 shutdown, this type of assistance will be even more critical and needed. Our partnership with VOADV will allow us to put funding into the hands of those who need it most across the Camden County area.
The SMART program is designed to help low-to-moderate income New Jersey households whose combined total monthly income is between 135% and 300% of the federal poverty level. Eligible households can then receive a one-time grant of up to $1,500 to help pay a mortgage or rent.
To be eligible for the SMART program, individuals must be residents of Camden County and meet the following pre-qualifications:
- Having unpaid rent or mortgage that puts the household at risk of eviction or foreclosure;
- Experiencing a financial crisis, defined as a period of intense financial difficulties that the household did not create and that the household does not have the current means to overcome;
- Be able to demonstrate the ability to make timely payments in the future;
- Have a total gross monthly income level that does not exceed 300% of the current federal poverty level; and
- Complete and submit an application, along with all necessary supporting documents.
VOADV’s Navigation Resource Centers will serve as the SMART Program’s only on-site referral source in Camden County, pre-qualifying households and assisting them with the grant application process. Located at 1812 Federal Street in Camden and Pine Hill Police Department (48 W 6th Avenue in Pine Hill), the centers provide homeless outreach, rapid response and navigation services to the most vulnerable. and at-risk communities, including those experiencing homelessness and providing a range of services, such as treatment, housing, employment, education and legal services.
For more information or to apply for the SMART program, call (866) 657-4273 or email [email protected]
Editor’s Note: This article was updated May 29, 2020 at 3:45 PM EST to add the paragraph detailing that VOADV will be the on-site referral source for Camden County residents interested in the SMART program.