NJHMFA Down Payment Assistance Program

NJ Housing and Mortgage Finance Agency

Available Home Repair

About This Program

NJHMFA Down Payment Assistance Program is available in Newark, NJ.

Up to $15,000 forgivable loan for down payment and closing costs, plus additional $7,000 for first-generation homebuyers (total up to $22,000). No interest and no monthly payments. Forgiven after 5 years of continuous owner-occupancy. Must pair with NJHMFA first mortgage.

$15,000 base + $7,000 first-gen bonus; forgiven after 5 years

Official program page checked live on 2026-06-22.

Data last verified 2026-04-03. How we verify our data.

In Newark, NJ, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $15,000 forgivable second loan (0% interest)
  • Additional $7,000 for first-generation homebuyers
  • No monthly payments; forgiven after 5 years
  • Must pair with NJHMFA first mortgage
  • Amount varies by county of purchase

How to Apply

Get free help applying Visit Official Program Page Track this program

609-278-7400

A grant-savvy contractor in Newark, NJ can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Newark early keeps your application moving.

Get matched with a contractor

This program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can NJHMFA Down Payment Assistance Program provide in Newark, NJ?

Up to $22,000.

How do I apply for NJHMFA Down Payment Assistance Program in Newark, NJ?

Apply directly with NJ Housing and Mortgage Finance Agency using the official program link on this page or call 609-278-7400. There is no middleman and no fee.

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Find More Programs in Newark, NJ

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