A1548 — Establishes loan program for first-time homebuyers who move to areas with most abandoned properties; appropriates $5 million.

A1548 — Establishes loan program for first-time homebuyers who move to areas with most abandoned properties; appropriates $5 million. · Informed CitizenryThe act establishes a program through the New Jersey Housing and Mortgage Finance Agency to provide eligible first-time homebuyers with interest-free, deferred second mortgage loans to cover qualif…Open in Informed Citizenry