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New Jersey Board of Public Utilities NEWS RELEASE For Immediate Release: Contact: February 10, 2011 Greg Reinert 609-777-3305 N.J. Board of Public Utilities Approves TRUE Grant Award for Energy Assistance Program Temporary Relief for Utility Expenses (TRUE) Program to Provide $25 Million to the Affordable Housing Alliance for Emergency Utility Assistance TRENTON, N.J. – Today, the New Jersey Board of Public Utilities (Board) voted to award a grant of $25 million in Temporary Relief for Utility Expenses (TRUE) Program funding to the Affordable Housing Alliance. The one-time assistance program is intended for those low to middle income New Jersey residents who, because of an economic hardship, are struggling to pay their electric and natural gas bills. The Board’s action allocates $25 million in Societal Benefits Charge (SBC) funds to the nonprofit 501(c)(3) organization for utility assistance grants to low and middle income households seeking temporary assistance. The Affordable Housing Alliance (AHA), with headquarters in Eatontown, N.J., will draw against the funding as needed over a two-year period, to make one-time assistance payments directly to utility companies on behalf of eligible electric ...
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