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DOWN PAYMENT ASSISTANCE
The Housing Partnership provides for $5,000 in down payment assistance to income eligible households who purchase in Morris, Sussex or Eastern Warren Counties.
Applicants must secure a mortgage through one of the Housing Partnership member banks.
Down payment assistance funding may be combined with First Home Club for a total of $12,500 toward your first home!
Other opportunities and restrictions may apply.
Pictured above: Lauren R. (l) at her closing with Jessica Padilla-Gonzalez (r).
Income Guidelines*
Household Size
Maximum Income
1
$67,650
2
$77,325
3
$87,000
4
$96,600
5
$104,400
6
$112,125
7
$119,850
8
$127,575
*Based on 120% of HUD 2010 income guidelines.
For further information on downpayment assistance, the first home club, or to schedule a free appointment with a housing specialist, call 973-659-9222.
