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Homebuyer Assistance Program
Temporary Suspension
This program has been temporarily suspended as of July 23, 2009. The city is no longer accepting applications.

About the Program
The Homebuyer Assistance Program provides down payment and settlement help to any homebuyer who wishes to purchase a home in selected neighborhoods of the City of Newark. The assistance is in the form of a low-interest, monthly payback loan in the amount of $15,000. The loan may be used to cover any expenses associated with obtaining a house in the selected neighborhoods.  
  • Requirements - The new owner must live in the house for a period of at least six years or face immediate repayment along with a possible 10% penalty on the full balance of the loan.  
  • Eligible Neighborhoods - Please consult the Planning and Development Department for further details, including eligible neighborhoods.
  • Map - View a map of target areas for this program.
  • Application - View or download the application.