Townhouses In Nj – The Live Where You Work Program For Local Workers

By Author: Leticia Braun
Total Articles: 5
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This will allow you some time to explore the area and decide where you would like to live. Then, when you are ready buy a new home, make sure you get the help on offer from the LWYW program.

Benefits.

For example, the program provides low-interest, fixed rate mortgage loans to first-time buyers who want a home in the town where they are employed. Additional benefits include down payment and closing cost assistance, if the property is within a Smart Growth area and flexible underwriting criteria for the loan qualifying process.

Incentive.

Collingswood joined the State’s Live Where You Work program in 2010 and offers first-time buyers a varied housing stock including Victorian and Town houses in NJ and recently built condos in the downtown Lumber Yard development. Collingswood’s Mayor Jim Maley announced the LWYW program to the press with an inspiring speech worthy of a professional motivational speaker and finished with this rousing conclusion,
“Live Where You Work encourages people that work in our community to truly be a part of our community. What a terrific incentive to ...
... keep the backbone of Collingswood – downtown employees, municipal employees – here in town.”

Greener environments.

Furthermore, Anthony Marchetta, Executive Director of the New Jersey Home & Mortgage Finance Association and himself an experienced corporate keynote speaker added,
“Live Where You Work helps build sustainable communities by providing affordable and reliable mortgages for residents and encouraging greener environments and alternative transportation options.”

High quality of life.

Recognized as the international hub of the pharmaceutical industry, New Jersey contains major facilities for 15 of the world’s 25 largest pharmaceutical companies. Moreover, owing to the availability of a talented workforce and the high quality of life, a number of candy machine manufacturers have also chosen to locate their facilities in New Jersey.
The new storage and distribution center for confectionery equipment in New Jersey has created more jobs for workers skilled in repairing and reconditioning all types of candy machines, including chocolate packaging machinery and cartoners.

No. 1 in USA.

Expansion Management Magazine ranked New Jersey No. 1 in the USA for highway connectivity, transportation and warehousing facilities. This means the pharmaceutical companies in New Jersey find receiving and installing the latest medication and cosmetic processing machinery simple and convenient.

Generous.

All told, there are 33 municipalities participating in the Live Where You Work program, just waiting to help local employees buy apartments, condos and townhouses in NJ. Therefore, if your rental agreement with Apartment Rental NYC is nearing its expiry date and you feel it is time to move on from furnished New Jersey apartments, maybe now is the time buy your own New Jersey townhouse with the generous assistance of the Live Where You Work scheme!

Gables at Livingston Town Center
40 A Carillon Circle, Livingston, New Jersey 07039
973 251 2777
LTC@roselandproperty.com