What is the “Live Where You Work” (LWYW) Homebuyer Program?
The LWYW program is a home mortgage incentive program that provides low-interest mortgage loans to homebuyers purchasing homes in towns where they are employed. The goal of LWYW is to build stronger communities by promoting homeownership and encouraging people to live closer to their jobs. This, in turn, will reduce the need for cars and increase the use of alternative transportation such as walking, biking and public transit.

If you would like to buy a house in the town where you currently work, then LWYW might be right for you. Employees benefit from attractive mortgage rates, more flexible loan application review and underwriting criteria, and reduced commuting times to work. Municipalities benefit from having a committed workforce living nearby, and the activity and economic vibrancy that comes with people living near where they work.

Which properties are eligible?
Properties must be located in a participating “Live Where You Work” municipality. Eligible properties include one-family units, including condominiums (new and existing), and existing two- to four-family unit properties that are more than five years old. Some “Live Where You Work” municipalities include Urban Target Areas* (UTA). In Urban Target Areas eligible properties can also include new two-unit residential dwellings. Properties must be located in State designated Smart Growth locations.

Municipalities currently participating in the “Live Where You Work” Mortgage Program include:
Asbury Park
Atlantic City
Bayonne
Belmar
Carteret
Cherry Hill
Collingswood
East Orange
Edgewater Park
Elizabeth
Evesham
Freehold Borough
Glassboro
Gloucester City
Jersey City
Keyport
Lakewood
Manchester Township
Morristown
Neptune
Newark
New Brunswick
Old Bridge
Orange
Passaic
Paterson
Pemberton Township
Plainfield
Rahway
Red Bank
Trenton
Voorhees
Washington Township
Woodbridge


For more information, please call us at (856) 858-2200, x 12 or click here to contact us.

*Urban Target Areas (UTA) are based upon census data. Therefore, in order to find out if an address is located in a UTA, you will need to identify the census tract within which the address is located.