Ocean County Government
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Ocean County Department of Planning

Ocean County First Time Homebuyers Workshop

First Time Homebuyer Grant Program Workshops (Virtual)
Meeting #1: Wednesday, December 1, 2021 - 6:00PM to 9:00PM
Meeting #2: Wednesday, December 15, 2021 - 6:00PM to 9:00PM

For more information contact: Thomasina Lloyd, Housing Counselor (732) 244– 5333 x 1110
tlloyd@oceaninc.org
OCEAN, Inc. Housing Programs | FTHB Brochure | Program Guidelines

The FIRST TIME HOMEBUYER PROGRAM is proudly sponsored by the Ocean County Board of Commissioners on behalf of the Ocean County Consortium through the County Planning Department. The Ocean County Consortium receives HOME Investment Partnership Program funding each year from the U.S. Department of Housing and Urban Development (HUD). HOME Program funds are used to create affordable housing for low and moderate income households.

The First Time Homebuyer Program is administered in partnership with O.C.E.A.N, Inc. The O.C.E.A.N., Inc. Housing Counselor will be the Applicant’s point of contact to provide assistance and guide them throughout the process.

Program Features:
* The program provides $15,000 in financial assistance to qualified low and moderate Ocean County residents to assist in the opportunity to purchase a home in Ocean County.
* The homebuyer must have a minimum of 3.0% of the Sales Price as down-payment; however, only 1.0% is required to be from the homebuyer’s account. The remaining 2.0% can be from gift funds or from the First Time Homebuyer program.
* The assistance is in the form of a deferred loan, and is secured by a second mortgage, which is forgiven and canceled after a period of six years.
* The program features reduced bank fees and closing costs.
* Mortgage discount points are permissible only if paid by buyer or seller and not through program grant funds.
* Participating Lenders agree to comply with the Ocean County First Time Homebuyer Program Guidelines and offer equal services to our applicants.

For more information contact: Thomasina Lloyd, Housing Counselor (732) 244– 5333 x 1110 tlloyd@oceaninc.org
OCEAN, Inc. Housing Programs


News/Updates

Ocean County First Time Homebuyers Workshop
Wednesday, December 1, 2021 - 6:00PM to 9:00PM
Proposed Auction of Preserved Farmland
The County of Ocean is proposing to auction a permanently preserved farmland property in Toms River Township. The property will be sold subject to permanent agricultural easements.
Ocean County Natural Lands Trust Fund Advisory Committee
The next Natural Lands Trust Fund Advisory Committee Meetings 11/18 and 12/16
OCEAN COUNTY DATA BOOK
The 21st edition of the Ocean County Data Book is now available on the Planning website.

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