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Get Matched Free →Middlesex County American Dream Downpayment Program
Funding status: Active
How much assistance
$5,000
Forgiven after 5 years of continuous owner-occupancy. Deferred repayment mortgage with no principal or interest payments required during the 5-year period.
Eligibility
- Income limits: Income eligible per HUD HOME program guidelines
- First-time buyer required: Yes — Must not have owned a home previously
- Geographic restrictions: Must be a Middlesex County resident for at least one year. Must purchase in any Middlesex County municipality except New Brunswick and Perth Amboy. Maximum purchase price $431,000.
- Homebuyer education required: Yes
How to Apply for Middlesex County American Dream Downpayment Program
Contact Melissa Bellamy at (732) 745-3025 for information and application materials. Must complete an in-person group homebuyer training course from a HUD-approved counseling agency prior to closing. Must put down at least 1% of purchase price from own funds.
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