Homebuyer Dream Program® Plus

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Federal Home Loan Bank Homebuyer Dream Program® Plus

Federal Home Loan Bank Homebuyer Dream Program® Plus


2024 FUNDS NOW AVAILABLE

The Federal Home Loan Bank’s Homebuyer Dream Program® Plus is a grant program offered to eligible first-time home buyers that provides up to $20,000. Grant money can be used to pay up to $19,500 towards down payment and closing costs, with up to $500 as credit towards an approved homeownership counseling program.

2024 FUNDS NOW AVAILABLE
The Federal Home Loan Bank’s Homebuyer Dream Program® Plus is a grant program offered to eligible first-time home buyers that provides up to $20,000. Grant money can be used to pay up to $19,500 towards down payment and closing costs, with up to $500 as credit towards an approved homeownership counseling program.

FEDERAL HOME LOAN BANK HOMEBUYER DREAM PROGRAM®PLUS

2024 FUNDS NOW AVAILABLE

The Homebuyer Dream Program® is a grant program offered to eligible first-time home buyers that provides up to $20,000. Grant money can be used to pay up to $19,500 towards your down payment and closing costs, with up to $500 as credit towards an approved homeownership counseling program. Learn More

Eligibility Requirements:

  • Household is a first-time homebuyer
  • Income restrictions apply
  • Provide a fully executed Purchase and Sales Contract
  • A minimum equity contribution of $1,000 towards the purchase
  • Purchase an eligible property in New Jersey
  • Completion of homeownership counseling
  • Execution of a 5 year retention document at closing


Other restrictions may apply.  

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