The Burlington County Commissioners have taken steps to assist residents in purchasing their first homes. Last month, the commissioners approved $80,000 in aid for four buyers through the county’s first-time homebuyers program. Each family received $20,000 to cover downpayments, closing costs, and interest reduction.
All of these purchases were made in a new Habitat for Humanity development located in Cinnaminson. In 2025 alone, twelve homebuyers have benefited from this county program with purchases occurring across Cinnaminson, Willingboro, Mount Holly, Delran, Mount Laurel, and Burlington City.
“Burlington County strives to be a destination for residents of all incomes and backgrounds to be able to live here and benefit from our county’s outstanding schools, communities, job opportunities and quality of life,” said Burlington County Commissioner Director Dr. Felicia Hopson. “The first-time homebuyer program helps make home ownership attainable for young adults and working families. Assisting them allows a new generation of residents to access the economic benefits of homeownership while also keeping our local communities diverse, vibrant and strong.”
This federally funded program is managed by the Housing and Community Development Division within the Burlington County Department of Human Services. It offers eligible first-time buyers no-interest loans that are forgivable for downpayments and closing costs or interest rate reduction.
In 2023, the county revamped the program to increase available assistance. Now up to $15,000 is offered for downpayment support with an additional maximum of $10,000 available for closing costs and interest reduction.
Eligibility is restricted to individuals or families intending to purchase a home within Burlington County who meet federal income limits set by the program.
Loans provided under this scheme will be forgiven after ten years but must be repaid immediately if recipients sell before this period or cease residing at the property—a modification from previous terms requiring repayment upon sale regardless of duration owned.
“The changes were in response to market conditions and help ensures hardworking families are not shutout of any of our local communities,” stated Hopson. “The program is helping young adults – including many who grew up in Burlington County — to remain here, invest here and raise families of their own here.”
For more details on this initiative visit: https://www.co.burlington.nj.us/DocumentCenter/View/19676/First-Time-Home-Buyer-Brochure-2024-PDF
