100% Financing Program

100% Financing Program 
Type of Assistance: Mortgages for home purchase in pre-approved developments.
Description: Provides 100% financing mortgage loans to buyers of homes located in single-family housing developments, which have been pre-approved by the Agency. No down payment or mortgage insurance is required.
Assistance Provided To: First-time homebuyers and urban target area buyers.
Contact: 1(800) NJ-HOUSE
Website

Choices in Homeownership Program (CHOICE)

Type of Assistance: Construction and subsidy loans to developers and no-down payment loans to homebuyers purchasing the completed homes.
Description: Provides the funding to create homeownership in municipalities where home values currently do not support the cost of construction. The program offers below-market rate construction loans and construction subsidy funding for developers as well as favorable end loan financing for eligible homebuyers.
Assistance Provided To: Developers and homebuyers.
Contact: 1(800) NJ-HOUSE
Website

Construction Reporter

Type of Assistance: Informational.
Description: Every month, construction officials submit reports on building permits and certificates of occupancy. Information from these permits and certificates provide useful indicators on the level of construction activity in the State, the type of structures that are built, the number of dwelling units authorized for construction and completed, the square footage of nonresidential space, and the estimated cost of construction.
Other Information: Building permits provide measures on the start of the construction process. Certificates of occupancy give indicators on the end of the construction process, when buildings are completed and ready for occupancy. Construction data are one of the few indicators available from every town every month.
Assistance Provided To: Public at large.
Contact: (609) 292-7899
Website

Emergency Lead Poisoning Relocation (ELPR) Program

Description: Pays up to 100 percent of eligible, reasonable temporary relocation costs due to a lead poisoning emergency or a flat fee of $1,800. Eligible costs include hotel, motel, transportation, moving and storage of household goods/personal belongings. Permanent relocation is also available for households who are unable to return to their primary residence following lead abatement. Permanent relocation assistance can include a security deposit, first month’s rent and limited rental subsidies.
Other Information: Head of household makes application through their local health department as soon as possible after being notified that a child under 18 year of age in their household has an elevated blood lead level and must relocate.
Funding Source: New Jersey Lead Hazard Control Assistance Fund.
Assistance Provided To: Payments are made on behalf of eligible households directly to providers of services except in cases where the applicant elects to receive a flat fee. Flat fees are paid directly to applicants after receipts for eligible costs are received by the program.
Contact: 1 (877) DCA - LEAD
Website

Family Self-Sufficiency

Type of Assistance: Financial–Subsidies.
Description: Assists families who are participants in the Section 8 Housing Choice Voucher Program toward becoming self-sufficient and self-reliant through the implementation of an individualized action plan.
Funding Source: U.S. Department of Housing and Urban Development.
Assistance Provided To: Families must be participants in DCA’s Section 8 Housing Choice Voucher Program to be eligible.
Contact: (609) 633-6284
Website

Home Buyer Mortgage Program

Type of Assistance: Mortgages for home purchase.
Description: Provides below market, fixed interest rate 30-year term, conventional and government insured mortgages to first-time homebuyers and homebuyers purchasing properties in urban targeted areas. Income and purchase price limits apply.
Assistance Provided To: First-time homebuyers and urban target area buyers.
Contact: 1(800) NJ-HOUSE
Website

Homelessness Prevention

  Type of Assistance: Financial–Grants and Subsidies.
Description: Provides limited financial assistance to low- and moderate-income tenants and homeowners in imminent danger of eviction or foreclosure due to temporary financial problems beyond their control. Funds are used to disburse payments in the forms of loans and grants to landlords and mortgage companies on behalf of eligible households in danger of homelessness.
Other Information: Award period is from July 1 to June 30. For information on application procedures, contact the program coordinator.
Funding Source: State Appropriation, Grants-in-Aid.
Assistance Provided To: Low- and moderate-income tenants and homeowners.
Contact: (866) 889-6270
Website

Housing Opportunities for Persons With HIV/AIDS (HOPWA)

Type of Assistance: Financial–Subsidies.
Description: Provides tenant-based rental subsidies to eligible applicants living with HIV/AIDS and residing in Atlantic, Burlington, Cape May, Cumberland, Mercer, Salem and Warren counties.
Funding Source: U.S. Department of Housing and Urban Development.
Assistance Provided To: Very low-income families with a household member living with HIV/AIDS.
Contact: 609-341-3274
Website

Individual Development Account

  Type of Assistance: Matching Savings.
Description: Matched savings accounts to help low-income families accumulate funds specifically for high-return investments in homeownership, education or small-business ownership.
Other Information: Nonprofit organizations operate as sub-grantees in delivering IDA services. Nonprofit agencies must submit an application to SAGE via https://njdcasage.state.nj.us/Portal.asp.
Funding Source: U.S. Department of Health and Human Services.
Assistance Provided To: Income-eligible working individuals and families via grants to nonprofit organizations.
Contact: (609) 633-6272
Website

Lead Hazard Control Assistance (LHCA) Fund

Type of Assistance: Financial – Grants.
Description: Provides funds to owner-occupants and rental property owners of housing constructed prior to 1978 to reduce or eliminate lead-based paint hazards and to address the underlying conditions that contribute to lead-based paint failure. The financial assistance is in the form of 3 percent interest deferred payment repayable loans; 3 percent interest deferred payment loans with provisions for forgiveness; and secured grants.
Other Information: Currently accepting applications for top priority cases only. Top priority cases are residential dwellings constructed prior to 1978 with either a child under the age of 6 or a Notice of Violation issued by the local board of health due to lead-based paint hazards. Applications should be submitted to leadbasedpaint@dca.state.nj.us; via fax at (609) 341-3275; or via mail at PO Box 811, Trenton, NJ 08625
Funding Source: New Jersey Lead Hazard Control Assistance Fund.
Assistance Provided To: Property owners of pre-1978 housing.
Contact: 1-(877)-DCA-LEAD
Website

Live Where You Work

Type of Assistance: Mortgages for home purchase.
Description: Provides low-interest mortgage loans and an amount equal to 5% of the first loan for down payment and closing cost assistance to homebuyers who are purchasing a home in the municipality where they are currently employed. The home must be within a participating Live Where You Work municipality.
Assistance Provided To: Homebuyers purchasing a home in the town where they work in a Live Where You Work participating municipality.
Contact: 1(800) NJ-HOUSE
Website

Mortgage Assistance Program

Type of Assistance: Foreclosure Prevention Assistance.
Description: Provides “catch-up” funding of up to $20,000 per homeowner to bring mortgages current or to refinance or renegotiate the terms of their mortgage. The funds are provided as a zero-interest loan payable upon sale or cash out refinance of the mortgage.
Assistance Provided To: Homeowners facing foreclosure.
Contact: Homeowners must work with a participating counseling agency to determine eligibility.
Website

National Foreclosure Mitigation Program

  Type of Assistance: Pre-Foreclosure Assistance.
Description: Provides foreclosure prevention counseling and assistance to households facing foreclosure prior to the receipt of a foreclosure filing notice.
Assistance Provided To: Homeowners who are facing foreclosure.
Website

New Home Warranty Program

  Type of Assistance: Regulatory, Technical, Advisory and Financial.
Description: Requires all builders of new homes in New Jersey to be registered with the DCA. Registration is renewable every two years and a warranty is required for every new residential unit that is sold within the state.
Other Information: Builders must enroll in one of several Warranty Insurance Plans. A number of private plans, as well as one offered by the State, are currently available.
Assistance Provided To: All home building entities engaged in the construction of new single family, duplex, condominium or cooperative units and all purchasers of new units seeking assistance.
Contact: (609) 984-7910
Website

New Jersey HomeKeeper Program

  Type of Assistance: Unemployment Assistance to prevent foreclosure.
Description: Provides financial assistance to New Jersey homeowners who had a track record of making their mortgage payments on time prior to their unemployment or under-employment but are now at risk of losing their homes to foreclosure as direct result of unemployment or underemployment. Homeowners may be eligible for up to $48,000 in assistance for a period of up to 24 months.
Assistance Provided To: Unemployed or under-employed homeowners.
Contact: 1-855-NJ Keep 1
Website

New Jersey Judiciary Foreclosure Mediation Program

  Type of Assistance: Foreclosure Prevention Assistance.
Description: Provides assistance to homeowners in foreclosure in the form of counseling and mediation. The program is designed to help homeowners avoid foreclosure by proposing work-outs and payment arrangements affordable to the homeowner.
Assistance Provided To: Qualified homeowners who are in foreclosure.
Contact: 1-888-989-5277
Website

Section 8 Housing Choice Voucher Program

  Type of Assistance: Financial–Subsidies.
Description: Based on the requirement that housing costs (rent and utilities) should not exceed 30 percent of a household’s income, the program assists in making safe and quality housing in the private rental market affordable to very low-income families by reducing housing costs through direct rent subsidy payments to landlords. Special emphasis is placed on assisting special needs residents in their efforts to live independently in the community.
Other Information: The statewide program is available to residents of all New Jersey counties. Additional Section 8 Existing Housing programs are administered throughout the state by a number of municipal and county authorities.
Funding Source: U.S. Department of Housing and Urban Development.
Assistance Provided To: Very low-income families; single individuals over 62 years of age; or individuals with special needs.
Contact: (609) 292-9025
Website

Shelter Housing Exit (SHE) Program

  Type of Assistance: Financial.
Description: Provides security deposits and rental assistance to victims of domestic violence and their children who are currently living in shelters or in transitional housing facilities. Its main goal is to move women living in shelters and transitional units into permanent housing, a place they can call home and a place to start their lives over, free from domestic violence. Participants must be referred to DCA by a Lead Domestic Violence Agency and their income cannot exceed 80 percent of the U.S. Department of Housing and Urban Development median income for the area in which they choose to live.
Funding Source: U.S. Department of Housing and Urban Development. 
Assistance Provided To: Victims of domestic violence and their children.
Contact: (609) 292-3846
Website

Smart Start Program

  Type of Assistance: Down payment and/or closing cost second mortgage loans.
Description: Provides second mortgages to cover down payment and closing costs to families purchasing homes in Smart Growth areas. Borrowers are eligible to receive up to 4% of the first mortgage amount. Visit www.nj-hmfa.com for more information. The Site Evaluator located at www.evaluator.nj.gov will identify Smart Growth Areas.
Assistance Provided To: Homeowners financing through the HMFA’s Home Buyer Mortgage Program.
Contact: 1(800) NJ-HOUSE.
Website

State Rental Assistance Program (SRAP)

  Type of Assistance: Financial–Subsidies.
Description: Assists in making safe and quality housing in the private rental market affordable to very low-income families by reducing housing costs through tenant-based and project-based assistance. Preferences have been set aside for the elderly ages 62 and above and for New Jersey Department of Human Services homeless referrals. The statewide program is available to residents in all New Jersey counties.
Funding Source: State Aid Appropriation.
Assistance Provided To: Very low-income households. Current waiting list exists.
Contact: (609) 292-4080
Website

The Road Home New Jersey

Type of Assistance: Informational.
Description: A free online resource that serves as a turn-by-turn roadmap for first-time homebuyers. The website is intended to help first-time homebuyers navigate the road to affordable homeownership.
Contact: www.TheRoadHomeNJ.com

Weatherization Assistance

  Type of Assistance: Financial and Technical.
Description: Assists elderly, disabled and low-income persons by installing energy saving materials in their homes, improving their heating system efficiency and conserving energy. The program also provides emergency heating assistance.
Other Information: Eligible households must submit a weatherization application to a designated community-based agency. A list of designated agencies and the application can be found at http://www.state.nj.us/dca/divisions/dhcr/offices/wap.html.
Funding Source: U.S. Department of Health and Human Services and U.S. Department of Energy.
Assistance Provided To: Low-income households; community-based agencies assisting low-income occupied dwelling units.
Contact: (609) 984-6184
Website