The Atlantic County Improvement Authority is offering $10,000 towards a buyers down payment and/or closing costs.  This is a great program to increase home ownership in Atlantic County by helping overcoming down payment and closing costs obstacles.  Although there are a number of restrictions.

Eligible Buyers:

  • Have lived in Atlantic County for the past 12 months or are currently employed in Atlantic County
  • Have not owned a home for 3 years
  • Income below 80% of median income

Members In Household

Max Income

1 Person

$42,850

2 Person

$49,000

3 Person

$55,100

4 Person

$61,200

5 Person

$71,000

Eligible Properties:

  • Single Family residences in Atlantic County
  • Atlantic City is not eligible
  • Sale price must be at or below $200,000

Other mortgage terms and conditions apply.  The grant is only available from select approved lending institution.  Contact us for a list of lenders who have the program available.

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