NJCC Statewide Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $30,000 (Grant)
Zero-interest grant with no fees to NJCC other than reimbursement of recording fees at closing.
Eligibility
- Income limits: Income between $50,000 and $100,000
- First-time buyer required: Yes — Must not have owned a home in the past 3 years
- Credit score minimum: 620
- Geographic restrictions: Must purchase a home in New Jersey
- Homebuyer education required: Yes
How to Apply for NJCC Statewide Down Payment Assistance Program
Step 1: Apply through an NJCC-approved lender. Complete homebuyer education. Can be combined with NJHMFA DPA for total assistance up to $52,000.
Notes
Nonprofit CDFI program. $40 million in new funding available for 2026. Due to high demand, prior year funding was fully committed. Applications reopen when new annual funding becomes available.