Sherrill highlights plan to end veteran homelessness, expands housing efforts in New Jersey
NEW JERSEY — Gov. Mikie Sherrill on Friday highlighted her administration’s push to end veteran homelessness and expand affordable housing, backed by new funding in the proposed Fiscal Year 2027 budget.
The plan includes $11 million for the state’s Bringing Veterans Home initiative, which focuses on transitioning homeless veterans from temporary housing into permanent homes.
Sherrill, a Navy veteran, made the announcement while attending the groundbreaking for Petersen Commons in Woodbridge, a 60-unit affordable housing development for seniors and veterans. She was joined by Speaker Craig Coughlin, County Commissioner Director Rios and Mayor John McCormac.
“This is the year we effectively end veteran homelessness in New Jersey,” said Governor Sherrill. “Today’s groundbreaking at Petersen Commons represents our commitment to ensuring every New Jerseyan—especially those who have served our country—can age with dignity in a safe, affordable place to call home. As a military veteran, I am grateful to our partners for their shared efforts to expand affordable housing across New Jersey.”
Since its launch, the Bringing Veterans Home program has helped secure more than 1,450 permanent housing placements for veterans. State officials said the additional funding will help ensure the program can reach its goal of housing all known homeless veterans.
The New Jersey Departments of Community Affairs and Veterans Affairs are expected to connect with all known homeless veterans this year as part of that effort.
Petersen Commons, expected to be completed in spring 2027, will provide affordable housing for residents age 55 and older, with preference given to veterans.
The initiative is part of a broader housing strategy outlined in the FY2027 budget, which also includes $70 million for the Affordable Housing Trust Fund and increased down payment assistance for first-time homebuyers.
In addition, the administration plans to invest $25 million to expand programs addressing homelessness statewide, while preparing for potential impacts from federal cuts to emergency housing programs.
