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NEW
BRUNSWICK |
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Live Where
You Work
offers
incentives
that make it
easier for
people who
work in New
Brunswick to
buy a home
in New
Brunswick.
If you’re a
first-time
homebuyers,
Live Where
You Work
benefits are
available
citywide.
Homes
located
within the
Urban Target
Area
qualify for
additional
incentives
and program
eligibility
guidelines
to expanded
to most
buyers. |
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Incentives
and Benefits |
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Citywide
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- Low-Interest, Fixed-Rate Mortgages
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- Up to 5 % Down payment & Closing Cost Assistance
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- More Flexible Underwriting Criteria and Loan Qualification process
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Urban Target
Area
· All
Homebuyers
· Higher
Income
Eligibility
Limits
· Higher
Maximum
Purchase
Price |
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Mayor Cahill
Announces
Live Where
You Work
New
Brunswick
Download the
brochure
today or get
a copy at
City Hall |
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Click the map to
learn about what
LIVE WHERE YOU WORK
benefits are
available for you
new home |
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Maximum
Income
Limits For
New
Brunswick |
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Family Size |
Citywide |
Urban Target
Area |
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1-2 Person
Households
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$101,100
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$120,120 |
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3 & More
Person
Households
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$116,265 |
$140,140 |
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Maximum
Purchase
Prices
for
New
Brunswick |
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House
Type |
Citywide |
Urban
Target
Area |
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New
1
Family |
$429,619 |
$525,090 |
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New
2
Family |
NA |
$672,228 |
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Existing
1
Family |
$429,619 |
$525,090 |
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Existing
2
Family |
$550,005 |
$672,228 |
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Existing
3
Family |
$664,828 |
$812,568 |
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Existing
4
Family |
$826,218 |
$1,009,823 |
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