Establishes "Police Officer, Firefighter, Public School Teacher, Corrections Officer, and Sanitation Worker Home-buyer Assistance Act"; appropriates $5 million.
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill, the "Police Officer, Firefighter, Public School Teacher Corrections Officer, and Sanitation Worker Home-buyer Assistance Act," creates a program to help certain public safety and education workers afford a home in New Jersey. It provides zero-interest second mortgage loans of up to $10,000 for down payments and closing costs, with a portion forgiven after five years if the property remains the buyer’s primary residence. The bill also appropriates $5 million to the New Jersey Housing and Mortgage Finance Agency to administer the program.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
1 on record
Primary sponsor
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours