There were about 92,000 affordable housing rental units in New Jersey in 2022, according to the National Low Income Housing Coalition. (Credit: gguy/Adobe Stock) There were about 92,000 affordable housing rental units in New Jersey in 2022, according to the National Low Income Housing Coalition. (Credit: gguy/Adobe Stock)

New Jersey is investigating the availability and cost of insurance coverage for affordable housing, the state's Department of Banking and Insurance said in a bulletin Monday.

According to the department, the state is aware of possible issues in the Section 8 housing choice voucher and housing assistance programs, low income housing tax credits, family development vouchers, special needs housing subsidy, and the municipal affordable housing trust fund program.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.