Northern Ocean Habitat for Humanity Homeownership Program
Funding status: Active
How much assistance
Below-market-price home purchase with 0% interest mortgage (Zero-Interest Loan)
Affordable 0% interest mortgage. Monthly payments go into a revolving fund that helps pay for future Habitat homes in the community.
Eligibility
- Income limits: Must demonstrate financial need and ability to pay an affordable mortgage. Low to moderate income families.
- First-time buyer required: Yes — Must demonstrate need for safe, affordable housing
- Geographic restrictions: Serves northern Ocean County communities including Lakewood and Toms River
- Homebuyer education required: No
How to Apply for Northern Ocean Habitat for Humanity Homeownership Program
Step 1: Contact Northern Ocean Habitat for Humanity. Families must complete an application, demonstrate housing need, willingness to partner through 300 hours of sweat equity, and ability to pay an affordable mortgage.
Notes
Homebuyers contribute 300 hours of sweat equity helping build their home alongside volunteers. Homes are sold at or below cost with 0% interest mortgages.