First Time Home Buyer Program | Paterson Department of Community Development
Through the First Time Home Buyer Program (FTHBP), financial assistance is offered to qualified applicants looking to purchase their first home in the City of Paterson. The approved household (s) can receive up to $14,500.00 towards the down payments and/or closing cost of the property.
Categories
Physical Address
125 Ellison St, Paterson, NJ 07505
Voice
Application process
Please visit the office to pick up an application form or obtain a copy from the City of Paterson's website.
Eligibility
Open to first time home buyers, who wish to purchase their first home in the City of Paterson. Applicants must qualify as low income in order to participate in the FTHB program. In addition, all applicants MUST complete a homebuying counseling course offered through the Paterson Housing Authority. The Paterson Housing Authority requires a non-refunded fee of $25.00 to take the homebuying counseling course.
Agency info
Paterson Department of Community Development
Provide decent, safe and affordable housing and to improve relationships, bridge gaps of services and strengthen communities within the City of Paterson.