Over $1M in Mortgage Loans Secured for Jersey City Residents
Mayor 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→
It seems the economic meltdown is the only topic of conversation these days. With millions of people losing their homes and jobs, there is a feeling of powerlessness in the country. But being smart with the money you do have, can make all the difference. And that’s where the Urban Enterprise Zone (UEZ) comes in. It turns out that shopping locally in a Hudson County store or business that’s part of the UEZ Program may not just be the best way to save money, it might help create jobs, and improve the financial health of your neighborhood, says Jersey City mayor, Jerramiah Healy. “The financial support provided by UEZ to neighborhood-based economic redevelopment is crucial to the viability of our neighborhoods.” Continue reading Hudson County Urban Enterprise Zones -Weathering the Economy by Shopping Smart→
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Mayor 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.
