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Golden Neighborhood First-time Homeownership Program (GNHP)

Quick answer

Golden Neighborhood First-time Homeownership Program (GNHP) is a New Jersey down payment assistance program from City of Jersey City Division of Community Development. It provides Up to $150,000 as a grant (no repayment). It is aimed at first-time buyers. Eligibility, income limits and funding are set by the agency, so confirm current terms on its official page.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast verified

Eligibility notes

HOME-funded; up to 10% of purchase price plus $10,000 closing costs; awarded by lottery. Posted 10/17/2025.

Where does Golden Neighborhood First-time Homeownership Program (GNHP) apply?

This city-level program is available to buyers in Jersey City. Cities on our site where it applies:

DetailProgram terms
AssistanceUp to $150,000
TypeGrant (no repayment)
Minimum creditNot published on the program page
First-time buyerRequired
Income limits80% AMI or less

How does Golden Neighborhood First-time Homeownership Program (GNHP) work with an FHA loan?

New Jersey's 2026 FHA one-unit limits start at $541,287, which supports a price of about $560,000 with 3.5% down.

Where do I confirm current terms?

On the official page: https://www.jerseycitynj.gov/news/mayor_fulop___community_development_expand_access. Programs can pause when funds run out, so confirm availability with a participating lender.

← All New Jersey down payment assistance programs

Frequently asked questions

Up to $150,000, according to City of Jersey City Division of Community Development.

No — it's a grant.

80% AMI or less

Sources

Data last updated October 25, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.