Northern Ocean Habitat for Humanity Homeownership Program

Northern Ocean Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Toms River, New Jersey, administered by Northern Ocean Habitat for Humanity (NOHFH). Northern Ocean Habitat for Humanity provides low-to-moderate income families the opportunity to build and buy their own homes in the northern Ocean County area (serving Ocean, Monmouth, and Mercer counties). Homeowners contribute sweat equity, purchase their homes, and pay an affordable mortgage. Qualified applicants are entered into a lottery for available homes. Affordable Habitat-built home; affordable mortgage capped so housing payment does not exceed 30% of gross monthly household income. Funding comes from Habitat for Humanity (donations, volunteers); revolving homeowner mortgage fund.

Northern Ocean Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Northern Ocean Habitat for Humanity (NOHFH). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Northern Ocean Habitat for Humanity Homeownership Program is open to homebuyers who will live in the home as their primary residence. On credit, the program states: Credit check and criminal background check run on all household members aged 18+. A homebuyer education course is required, through Northern Ocean Habitat for Humanity (classes in personal finance and home maintenance). Residency requirement: Applicant must live or work in Ocean, Monmouth, or Mercer County. 300 hours of sweat equity required. Applications NOT currently being accepted (between cycles as of this session); interest form open. Selection by lottery. and income_limit_amount (unparsed): UHAC 2025 Regional Income Limits (e.g., 4-person min $40,380 / max $80,760).

Northern Ocean Habitat for Humanity Homeownership Program sets its income limit as follows: Income limits based on the UHAC 2025 Affordable Housing Regional Income Limits, with minimum and maximum household income by household size. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Northern Ocean Habitat for Humanity Homeownership Program caps the purchase price as follows: Sale price set below market; final price determined at completion. Eligible property types include single_family. New construction is eligible.

Northern Ocean Habitat for Humanity Homeownership Program serves homebuyers purchasing in Toms River, New Jersey. Targeted neighborhoods: Northern Ocean County.

Applications for Northern Ocean Habitat for Humanity Homeownership Program go through Northern Ocean Habitat for Humanity (NOHFH), 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.