Good news! As of today the Atlantic County, NJ grant program is now funded with grants available of up to $10,000 for first time home buyers! All funds are forgiven after 5 years. This program is administered through the Atlantic County Improvement Authority. This program does not work for everyone so I’ve outlined the key requirements below. If you don’t think you’ll qualify for this program the state grant program is also giving $10,000 grants and it’s easier to qualify. Click here for details on the state grant. You will need to be pre-qualified by an a approved mortgage company. My preferred lenders are on stand by to help qualify potential first time home buyers asap and get them qualified to receive the grant money. Complete the form below and we’ll reach out to see if you qualify.
Eligible Applicants:
HOUSEHOLDS
- Who have resided in Atlantic County for the last 12 months or are employed in Atlantic County.
- Who have not owned a home for the last three years.
- With acceptable credit history and the ability to obtain an approved mortgage.
- With incomes below 80% of Median income:
These income levels are (2019):
# of Household Members | 80% of Median Income | |
1 Person |
$42,850 |
|
2 Persons |
$49,000 |
|
3 Persons |
$55,100 |
|
4 Persons |
$61,200 |
|
5 Persons |
$66,100 |
|
6 Persons |
$71,000 |
|
7 Persons |
$75,900 |
|
8 Persons |
$80,800 |
If you or someone you know may be eligible to qualify for this grant please call me for more details at 609-338-3773. Time is limited and funds are usually gone in a few months so please call me now. Matt