Special Programs

Are you ready to buy a home, but your finances are stretched thin? The Housing Partnership offers special financial programs to help you turn your home buying dream into a reality.

Build Savings to Cover Home Buying Costs

Are you still two or more years from being able to buy your home?

If you are a Habitat for Humanity-selected homeowner who lives or works in Morris County, you may be eligible for the Individual Development Account (IDA). This is a systematic matched savings club for income-eligible households who are two or more years away from homeownership and are working on debt and credit issues. The Club will provide you with $1,000 in matched savings at your closing. As a participant in the matched savings program, you are required to Financial Fitness meetings.

Get Down Payment Assistance

You can qualify for $10,000 in down payment assistance through the Housing Partnership’s Down Payment Assistance program, if you are purchasing a home in Morris, Sussex, or Eastern Warren County.

You will receive this assistance in the form of a zero-interest loan, which must be repaid at the time of resale, refinance or renting.

To qualify for assistance, you must:

  • Be a first-time homebuyer
  • Have completed our Home buyer education: Ehome, Step by Step or Paso a Paso (Español)
  • Completed a one-on-one counseling session
  • Submit a completed  application prior to signing a real estate contract
  • Get a mortgage through one of the Housing Partnership’s member banks
  • Have an income up to but not exceeding 115% of the HUD median income

Want to buy a house with no money down ?

First Time Home Buyers who are currently working, have established credit and are interested in purchasing a home in Warren*, Sussex and in eligible rural areas of Morris County may be eligible to apply!

Households must also be within income guidelines based on household size below:

1 $47,600 5 $73,450
2 $54,400 6 $78,900
3 $61,200 7 $84,300
4 $68,000 8 $89,750


Program Highlights:

  • No down payment requirements
  • No private mortgage insurance (PMI)
  • Fixed interest rates for up to 33 years
  • Interest rates as low as 1% for eligible families

Please note:

Clients must complete our home buyer education workshops.

Client must meet with a Home Ownership Specialist to determine eligibility for programs

Clients must submit applications and applications are reviewed for compliance with program guidelines.

Completion of home buyer education does not guarantee eligibility for program.

Funds are currently available on a first come first serve basis.

Income limits apply.