City of Passaic HOME First-Time Homebuyer Program

Administered by: City of Passaic Department of Community Development · City · Deferred Loan

Funding status: Active

How much assistance

Up to $39,500 (Deferred Loan)

Deferred loan; repayment terms tied to continued owner-occupancy.

Eligibility

  • Income limits: At or below 80% of Area Median Income (AMI)
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Geographic restrictions: Property must be located within the City of Passaic.
  • Homebuyer education required: Yes

How to Apply for City of Passaic HOME First-Time Homebuyer Program

Step 1: Contact the City of Passaic Department of Community Development to obtain an application. Complete a HUD-approved homebuyer education course. Submit required documentation including proof of income and residency. The city will review eligibility based on income limits and first-time buyer status.

Visit program website

Notes

Funded through the federal HOME Investment Partnerships Program (HOME). Assistance amount is capped at 10% of the property cost, up to a maximum of $39,500.

Cities Where This Program Is Available