Habitat for Humanity of South Central NJ Homeownership Program

What is Habitat for Humanity of South Central NJ Homeownership Program?

Habitat for Humanity of South Central NJ Homeownership Program is down payment assistance for homebuyers in Maple Shade, New Jersey, administered by Habitat for Humanity of South Central New Jersey.

• Habitat for Humanity of South Central New Jersey (formerly two separate affiliates, merged 2024) serves Atlantic, Burlington, Camden, and Mercer Counties plus Plainsboro and Cranbury in Middlesex County. It builds energy-efficient homes and sells them to low-to-moderate-income partner families with an affordable income-based mortgage (payment capped at 30% of gross monthly income). No traditional down payment is required; families contribute sweat equity.
• Affordable income-based mortgage with payment at no more than 30% of gross monthly household income. No traditional down payment required (sweat equity substitutes). Quality new construction or rehabilitated homes. Homebuyer education classes included.

Do you have to pay it back?

Habitat for Humanity of South Central NJ Homeownership Program is down payment assistance and is repaid under the terms set by Habitat for Humanity of South Central New Jersey.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Habitat for Humanity of South Central NJ Homeownership Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Habitat for Humanity of South Central NJ Homeownership Program sets its income limit as follows: Burlington/Camden 4-person low $57,350 / moderate $91,760. Atlantic 4-person low $49,180 / moderate $78,688. Mercer 4-person low $65,027 / moderate $104,043. Full tables by county and family size on program page.

• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Habitat for Humanity of South Central NJ Homeownership Program can be used for single_family.

• New construction is eligible.

Where does it apply?

Habitat for Humanity of South Central NJ Homeownership Program serves buyers purchasing in Maple Shade, New Jersey.

How do you apply?

Applications for Habitat for Humanity of South Central NJ Homeownership Program go through Habitat for Humanity of South Central New Jersey, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact Habitat for Humanity of South Central New Jersey to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.