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Mayor Healy & State Officials Announce Success of ‘Live Where You Work’ Program in Jersey City

Over $1M in Mortgage Loans Secured for Jersey City Residents

cover-photo-2-april-rvo-09Mayor Jerramiah T. Healy, along with the New Jersey Housing & Mortgage Finance Agency Executive Director Marge Della Vecchia announce that the City’s participation in the state’s Live Where You Work program has resulted in over $1,000,000 in mortgage loans secured for those wishing to own homes in Jersey City.

New Jersey’s Live Where You Work program is a special home mortgage incentive program that provides a low-interest 30 or 40-year fixed-rate first mortgage for people who will live and work in Jersey City. The program also provides Smart Start down payment assistance in an amount equal to 5 percent of the first mortgage loan for qualified purchasers. Continue reading Mayor Healy & State Officials Announce Success of ‘Live Where You Work’ Program in Jersey City

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