Purchasing Information
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Please carefully review the qualifications guidelines on this website. You will need to have adequate financial health (e.g. credit score, savings, etc.) to obtain a mortgage from a lender. At the same time, you or your household may not exceed program income limits.
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No, these condominiums will be sold to those interested on a first come, first serve basis. Applicants must successfully meet all program requirements, including income eligibility and the ability to obtain a mortgage to purchase a unit.
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No, you do not need to be a first-time homebuyer. Home owners need to meet the income qualification, and buyers of these units must occupy their unit as their primary residence.
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Yes, residents of 07305 who meet the minimum qualifications will receive a priority preference.
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The preliminary application period is expected to be from March 5th, 2025 to May 30th, 2025. You can submit a preliminary application any time throughout this period. Please note that these units are being sold on a first come, first serve basis to qualified applicants.