Pursuant to N.J.A.C. 5:97-8.12, municipalities that maintain affordable housing trust funds must provide monitoring information. To assist you in monitoring your municipality's affordable housing activity, the electronic tracking and monitoring (CTM) system is available to record affordable housing activity including, among other things, collections and expenditures of Affordable Housing Trust Funds (AHTFs).

 

At this time, all affordable housing trust fund monitoring reports are due on or before April 30, 2015. Trust fund data through December 31, 2014 must be entered, and an AHTF Monitoring Certification must be completed and signed. Click here to download a copy of the AHTF Monitoring Certification.

The signed certification, as well as monthly 2014 bank statements and reconciliation for all years that have not been reconciled in the CTM system, must be submitted by email, fax, and/or mail by April 30, 2015. Failure to submit accurate monitoring reports within this time frame may result in the trust fund balance being directed to the New Jersey Affordable Housing Trust Fund established pursuant to section 20 of P.L. 1985, c. 222 (N.J.S.A. 52:27D-320).

All municipalities must have a person(s) trained to enter trust fund data. CTM training will be offered again in the late Spring/early Summer.  Please see the Training Opportunities page for more information about future training sessions.  In the interim, please follow the directions guide found in the Trust Fund Monitoring CTM Guide. COAH staff is also available to provide assistance over the phone or in person to a municipality that does not have a designated affordable housing trust fund report preparer or needs assistance to navigate the CTM AHTF data base system. Additionally, 
 

If you have questions about the submission of trust fund monitoring in the CTM System, please contact Alice D'Arcy (Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Hunterdon, Mercer, Middlesex, Monmouth, Ocean, Salem and Somerset Counties) at 609-292-4338 or Pam Weintraub (Bergen, Essex, Hudson, Morris, Passaic, Sussex, Union and Warren Counties) at 609-633-2133, or the planner assigned to your municipality. Click here to identify specific planner assignments.