Live Where You Work
Message from Mayor Randall W. Teague
“Haddon Township is a wonderful community of quiet tree-lined streets surrounded by beautiful parks, dynamic downtown areas loaded with specialty shops and great restaurants, excellent schools enveloped in picturesque neighborhoods, and year-round activities for everyone to enjoy. With our own bustling commercial districts and our focus on resident needs, the “Live Where You Work” program is a perfect fit for our great township. I welcome you to learn more about this exciting program and how we can work together to make you the newest resident of our community.”
About the Township of Haddon
Voted as one of the top 20 towns to live, work or play by South Jersey Magazine, Haddon Township has blossomed into one of the premier communities in the metro-Philadelphia region. Thanks to its prime location and dedication to community involvement, the roughly 14,000 residents of Haddon Township enjoy the perfect balance of work and recreation. With its proximity to the revitalized business district on Haddon Avenue, Haddon Township is a short walk away from some of the finest eateries, businesses and parks in South Jersey.
Haddon Township continues to progress as a prosperous and secure community, made evident by its dedication to volunteerism and family-friendly community activities. Always a strong advocate of community involvement since its first beginnings back in 1865, Haddon Township holds several annual and seasonal events. The Annual Block Party, Fourth of July celebration, Holiday on Haddon, Summer Movie Nights and the Annual Turkey Trot are always big hits, just to name a few.
Traveling to Haddon Township couldn’t be easier. Just eight miles from Philadelphia and an hour from Atlantic City, it sits just minutes from Routes 295, 42, 55, I-295, I-76, I-95 and the New Jersey Turnpike. If that wasn’t enough, Haddon Township also boasts its own PATCO station for those looking for a quick rail commute into Philadelphia and deeper into South Jersey.
What is the Haddon Township Live Where You Work Program?
Live Where You Work – Haddon Township is a special homebuyer incentive program that provides low-interest mortgage loans to homebuyers who work in and who are looking to purchase a home in Haddon Township.
What are the Benefits?
- Low-interest mortgages for homebuyers.
- Downpayment and closing cost assistance for the puchase of a home.
- More flexible underwriting criteria for the loan qualification process.
The Live Where You Work Homebuyer Program builds strong communities and promotes sustainable land use by encouraging people to live close to their places of employment.
Live Where You Work is sponsored by the New Jersey Housing and Mortgage Finance Agency (HMFA) in partnership with individual cities, boroughs and towns throughout New Jersey.HMFA 637 South Clinton Ave. Trenton, NJ 08650-2085 TEL: 609-278-7400 WEB: www.nj-hmfa.com
First Time Home Buyer Program
Administered by the Camden County Improvement Authority
Presented by the Camden County Board of Freeholders
The First Time Home Buyer Program promotes home ownership for low and moderate income first home buyers. The program is intended to assist purchasers by providing financial assistance in purchasing a home for the first time in the form of a deferred loan.
Level of Assistance
The County will provide an interest-free, deferred loan not to exceed $10,000. Loans will be payable to the Camden County Improvement Authority upon transfer of property title. Loans are forgivable upon demonstrated five (5) years of successful occupancy from the date of the ownership. Recipients of HOME funds are required to maintain the unit as their principal residence for the duration of the deferred loan.
For more information:
Contact Improvement Authority Staff
Anthony Bianco, Program Coordinator
Office (856) 751-2242; Fax (856) 566-3105