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Organization :New Jersey Department of Housing and Mortgage Finance
Assistance : 20% Down Payment Assistance on the Sales Price
Eligibility : Must qualify for a conventional mortgage. Must also demonstrate a cash downpayment for no less than 3% of the purchasing price.
Counseling? : Required
Goals of Program : The Neighborhood Stabilization Program (NSP) was established for the purpose of stabilizing communities that have suffered from foreclosures and abandonment.