Bill > A2713

Introduced Session

This bill provides additional home ownership assistance for certain military service members. The assistance would be in addition to the "First-Time Homebuyer Mortgage Program" and the "Down Payment Assistance Program" and would permit the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to award an additional $5,000 to eligible service members or surviving spouses for down payment and closing cost assistance on primary residences. Eligible service members would be defined as a person who is or was a member of the Armed Forces of the United States, the National Guard of New Jersey or another state, or a Reserve component of the Armed Forces of the United States, who served at least 90 days of active duty service beginning on or after September 11, 2001, or during the period of Operation "Desert Shield/Desert Storm" of the Persian Gulf Conflict, beginning August 2, 1990, and ending April 6, 1991, and was honorably discharged or generally discharged under honorable conditions. Eligible service members would also include an eligible service member who was honorably discharged prior to the 90-day active duty threshold due to injuries occurred during the dates listed above.

Committee Categories

Brian Bergen (R)*,  Chris DePhillips (R),  John DiMaio (R),  Antwan McClellan (R),  Erik Simonsen (R), 

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/09/2024)

Official Document