NJ program aims to help homebuyers after Sandy - FOX 10 News | myfoxphoenix.com

NJ program aims to help homebuyers after Sandy

NEPTUNE, N.J. (AP) - New Jersey is launching a program aimed at helping low- and moderate-income families buy homes in the counties hit hard by Superstorm Sandy.

Under a program announced Monday, applicants can receive up to $50,000 in interest-free mortgages from the state.

Those that stay in the home for five years and meet other requirements can have the loans forgiven.

The $25 million program could help up to 500 homebuyers.

The funding is part of a $1.8 billion federal grant to help New Jersey recover from the storm. Other housing provisions are helping people fix up damaged homes and buying out some in particularly flood-prone areas.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Proposed Quick Chek becoming hot topic for West Orange neighborhood

    Proposed Quick Chek becoming hot topic for West Orange neighborhood

    Thursday, July 24 2014 1:06 PM EDT2014-07-24 17:06:22 GMT
    New Jersey NewsNew Jersey News
    In recent weeks, the St. Cloud neighborhood in West Orange has seen a groundswell of opposition to a proposal by Quick Chek to replace the vacant restaurant at 555 Northfield Ave. 
    In recent weeks, the St. Cloud neighborhood in West Orange has seen a groundswell of opposition to a proposal by Quick Chek to replace the vacant restaurant at 555 Northfield Ave. 
  • State ends hunt for snake in Lake Hopatcong

    State ends hunt for snake in Lake Hopatcong

    Thursday, July 24 2014 12:58 PM EDT2014-07-24 16:58:56 GMT
    Reports of a 16-foot-long exotic snake slithering around New Jersey's largest lake are apparently a suburban legend or the snake just isn't hungry.
    A 16-foot-long exotic snake reportedly slithering around New Jersey's largest lake is apparently a suburban legend. Or the snake just isn't hungry. The state has stopped looking for the reptile after scientists failed to find any evidence of it in Lake Hopatcong and traps baited with chicken were left untouched. Three unconfirmed sightings this month of a snake, perhaps an anaconda as long as 16 feet, raised concerns among visitors and swimmers.
  • Ted Nugent concert in Montclair brings out protesters and defenders

    Ted Nugent concert in Montclair brings out protesters and defenders

    Thursday, July 24 2014 10:58 AM EDT2014-07-24 14:58:26 GMT
    Picket signs lined the street on Bloomfield Avenue on Tuesday evening outside of the Wellmont Theater. Onlookers could hear chanting a few blocks down. “No Hate in the Garden State,” someone shouted from a bullhorn with a chorus of voices repeating over and again in unison.Cars driving by slowed down to see the commotion. Police patrols stood between the protestors and the streets. 
    Picket signs lined the street on Bloomfield Avenue on Tuesday evening outside of the Wellmont Theater. Onlookers could hear chanting a few blocks down. “No Hate in the Garden State,” someone shouted from a bullhorn with a chorus of voices repeating over and again in unison.Cars driving by slowed down to see the commotion. Police patrols stood between the protestors and the streets. 
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices