In New Jersey, home prices are at an all time high. Even for those of us who are fortunate enough to afford housing without assistance, homeownership can be an overwhelming and costly process. The Close to Home New Jersey Initiative is here to help.
Close to Home New Jersey provides incentives for residents to purchase homes close to work. Through various HMFA programs and services, Close to Home helps residents achieve the dream of homeownership by providing them with attractive mortgage loans, downpayment assistance, or funding for the closing costs on a new home. Qualified employees benefit from competitive mortgage rates, while participating municipalities and employers benefit from having a committed workforce living nearby.
