NOTICE TO HOMEOWNERS IN HIGHTSTOWN

LIMITED FUNDING IS AVAILABLE TO MAKE MAJOR SYSTEM REPAIRS TO YOUR HOME

You may qualify to participate in a housing rehabilitation program providing interest free loans to low-and moderate-income homeowners. The program is being administered by the Borough utilizing Small Cities funds approved by the NJ Department of Community Affairs for homeowners living in the Borough of Hightstown.

PROGRAM HIGHLIGHTS:

  • 0% Interest Deferred Payment Loans
  • Warranties on Workmanship and Materials
  • Allows for Repairs for items such as:
  1. Roofing
  2. New Windows
  3. Heating
  4. Doors
  5. Electrical
  6. Sagging Ceilings
  7. Plumbing
  8. Paint
  9. Flooring
  10. Other Code Requirements

The loan is paid back when the title to the property transfers to someone other than the original owner.

NO MONTHLY PAYMENTS REQUIRED!

To qualify, homeowners must have total gross household income by family size at or less than the amounts published by the Department of Community Affairs as follows. In addition, property taxes and utilities must be current, the property must be covered by current homeowner’s insurance policy and a recorded deed indicating the property owner(s) must be presented.

1 resident-$46,100           2 residents-$52,650     3 residents-$59,250

4 residents-$65,800         5 residents-$71,100     6 residents-$76,350

7 residents-$81,600         8 residents-$86,900

Property owners in Hightstown, who wish to apply for funding, should contact the Borough Clerk, Debra Sopronyi, to have your name placed on the Wait List. The first three interested homeowners will be sent an application to participate. For more information, please call Stephen Lingle at Triad Associates 856-690-9590 or via e-mail at slingle@traidincorporated.com.