AtlantiCare implements employee down payment assistance program in partnership with New Jersey Community Capital
For more information, fill out the contact form here or contact Daniel Coghlan @ (732) 640-2061, ext 310.
AtlantiCare is offering a down payment assistance program to assist employees seeking to become first-time homeowners in Atlantic City. The initiative is a partnership between AtlantiCare and Address Yourself™, an affordable homeownership program by New Jersey Community Capital (NJCC).
The program is open to employees whose individual or family income does not exceed 120% of the median income for Atlantic County. They must be borrowing as first-time homeowners and must plan to use the home as a primary residence.
Through the program, eligible employees could receive grants in the following amounts:
- $5,000 – for employees purchasing in Atlantic City for use in down payment and closing costs.
- Up to $8,000 – for employees purchasing in the Ducktown, Chelsea Heights, Bungalow Park or Venice Park neighborhoods, eligible toward down payment and closing costs
- Up to a total of $10,000 for employees purchasing in the Midtown neighborhood of Atlantic City, eligible toward down payment and closing costs.
“This program is one way we further our vision of building healthy communities together,” said Samantha Kiley.
“We’re thrilled to help AtlantiCare bring down payment assistance to their employees and create new homeowners in Atlantic City,” said Wayne Meyer, president of NJCC. “These employees dedicate their lives to improving the health of their communities, so it is a privilege for NJCC to use our partnership with AtlantiCare to help these hardworking families and individuals realize homeownership.”
Atlanticare
AtlantiCare is an integrated healthcare system based in Egg Harbor Township, New Jersey, whose more than 6,000 staff, providers and volunteers serve the community in more than 100 locations in Atlantic, Burlington, Camden, Cape May and Ocean counties of southern New Jersey. Its vision of building healthy communities together drives its mission of making a difference in health and healing, one person at a time, through caring and trusting relationships. A Malcolm Baldrige National Quality Award winner, AtlantiCare was also included in Modern Healthcare’s Best Places to Work. AtlantiCare Regional Medical Center was the 105th hospital in the nation to attain the American Nurses Credentialing Center’s Magnet™ designation in 2004 and earned redesignation in 2008, 2013, in 2018. Learn more at atlanticare.org or 1-888-569-1000.
New Jersey Community Capital
New Jersey Community Capital (NJCC) is a nonprofit community development financial institution (CDFI) that provides an innovative toolkit of financial products, programs and services to advance equity and opportunity in underserved communities. NJCC supports the preservation and development of affordable housing and sustainable community development ventures that increase jobs, improve education and strengthen neighborhoods to ensure that communities can thrive. To learn more, visit www.newjerseycommunitycapital.org and Twitter: @NJCLF.
For more information, fill out the contact form here or contact Daniel Coghlan @ (732) 640-2061, ext 310.
