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Home Investments Partnership

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The HOME Investment Partnership Program (HOME) was established by HUD to expand the amount of decent, safe, and affordable housing in Ocean County.

The HOME program, which is administered by the County Planning Department, has been established since 1992. The Ocean County municipalities of Brick, Toms River and Lakewood Townships administer their own CDBG Housing Rehabilitation Programs.

First Time Home Buyers

The Ocean County Consortium receives a HOME Investment Partnership Program Block Grant each year from the U.S. Department of Housing and Urban Development. These funds are used to create affordable housing for low and moderate income households.

The HOME Program is providing Ocean County with funding needed to continue the FIRST-TIME HOMEBUYER GRANT PROGRAM. The purpose of this program is to assist first time homebuyers with funds for closing costs and down-payment assistance. The goal of this program is to help Ocean County residents achieve their dream of homeownership.

First-Time Homebuyer Information:

View County of Ocean Consortium First-Time Homebuyer Program Guidelines (PDF)

O.C.E.A.N., Inc. is the administrator for the Ocean County Consortium's First-Time Homebuyer program. The program brings together County government agencies with many area lenders including O.C.E.A.N., Inc. in a cooperative effort to increase the opportunity for homeownership among the county's low to moderate income households.

Interested individuals and families should contact the O.C.E.A.N., Inc. Housing Counselor 732-288-2614, Ext. 100. The program utilizes HUD income guidelines to determine eligibility. All eligible applicants must attend a free introductory seminar that covers the basics of home buying and homeownership including topics such as determining how much you can afford, the importance of your credit report, the mortgage application process, and a review of homeownership responsibilities.

Those who do not qualify for the First Time Homebuyer program may decide to utilize other O.C.E.A.N., Inc. Housing Counseling services to obtain assistance in developing a savings plan, repairing and maintaining good credit, and budgeting for homeownership.

Rental Housing Production Administering Agencies

CHDO Agencies(Qualified Community Housing Development Organizations)

O.C.E.A.N., Inc.
2008 Route 37 East
Toms River, NJ 08753
732-288-2614, Ext. 100 - Housing Counselor
www.oceaninc.org

Homes for All, Inc.
7 Hyers Street
Toms River, NJ 08753
732-286-7929

Homes Now, Inc.
1508 Beaver Dam Rd # 1
Point Pleasant, NJ 08742
(732) 295-7380
www.homes-now.org/

Ocean Housing Alliance, Inc.
605 Bay Ave
Point Pleasant Beach, NJ 08742
(732) 899-2277

Owner-Occupied Housing Rehab Administering Agency

Affordable Housing Administrators is under contract with the County of Ocean to administer the day-to-day operations of the HOME Rehabilitation Program. The purpose of the the program is to provide moderate and substantial rehabilitation to owner-occupied low and moderate-income households.

The program rehabilitates dwellings to meet local and state building codes. The moderate rehabilitation program provides ten-year deferred loans from $1,000 to $24,999. The substantial rehabilitation program provides deferred loans from $25,000 to $50,000, which also requires a ten-year deferred loan. All funding requires a twenty-five (25) percent match.

Affordable Housing Administrators
1401 Beaver Dam Road, Suite 202
Point Pleasant, NJ 08742
(732) 892-4292
(732) 892-4295 fax

Tenant-Based Rental Assistance Administering Agency

Tenant-based rental assistance (TBRA) is a rental subsidy to help individual households afford housing costs, such as: rent, utility costs, and security and utility deposits.

Ocean County Board of Social Services
One-Stop Center
Building #4
1027 Hooper Avenue
Toms River, N.J. 08754
732-349-1500
www.oceancountygov.com/onestop