S3908 — Establishes loan program for first-time homebuyers who move to areas with most abandoned properties; appropriates $5 million.

S3908 — Establishes loan program for first-time homebuyers who move to areas with most abandoned properties; appropriates $5 million. · Informed CitizenryThis bill establishes a program through the New Jersey Housing and Mortgage Finance Agency to provide interest-free, deferred second mortgage loans of up to $10,000 to first-time homebuyers. These…Open in Informed Citizenry