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.

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.

Habitat for Humanity of South Central NJ Homeownership Program is open to homebuyers who will live in the home as their primary residence. On credit, the program states: Credit score of 620 or higher required. A homebuyer education course is required. Must demonstrate need, ability to pay, and willingness to partner (sweat equity). Credit score 620+ required. Homes subject to a 30-year deed restriction. Income must fall within low and moderate income limits per county. 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.

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.

Habitat for Humanity of South Central NJ Homeownership Program can be used for single_family. New construction is eligible.

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

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