Mission Statement
To provide leadership and innovation in the financing and management of risk and to be proactive in the delivery of essential coverage's and loss control techniques required to improve operational practices of member housing authorities and their related non-profit entities.
ABOUT THE FUND
Our Mission & History
To provide leadership and innovation in the financing and management of risk — and to be proactive in the delivery of essential coverages and loss control techniques that improve the operational practices of member housing authorities and their related non-profit entities.
The NJPHAJIF was formed in the early 1990s when a core group of fewer than 10 housing authorities sought to address excessive insurance costs and market instability. Following New Jersey legislation in 1990 permitting public bodies to form Joint Insurance Funds, the Fund expanded from a single Workers' Compensation program to a comprehensive all-lines program now serving more than 80 member authorities.
Insurance Programs Waived from HUD Bid Requirements
NJPHAJIF member housing authorities are not required to competitively bid the Fund's insurance programs under HUD regulations. View the official HUD Bid Waiver documentation →