Stimulus update: Deadline for homeowners to apply for $1,500 payment extended to February

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Stimulus update: Deadline for homeowners to apply for $1,500 payment extended to February
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New Jersey homeowners have been given some extra time to apply for a program that will give them up to $1,500 thanks to the application deadline getting pushed back to the end of next month.

The Affordable New Jersey Communities for Homeowners and Renters program is now accepting applications from state homeowners and renters through Feb. 28. The deadline to apply to this program was pushed back from its original Jan. 31 deadline in order to allow all eligible residents of the Garden State to partake in this program, according to Gov. Phil Murphy's office.

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. Renters, meanwhile, will not receive as much as homeowners, but they can still apply and receive a payment of $450 so long as they make $150,000 or less annually.

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