American Dream Downpayment Initiative


Camden County Board of Freeholders offers a 1st Time Homebuyer downpayment and closing cost assistance program for income eligible persons who purchase a home in one of the HOME Program participating communities. (Camden City and Gloucester City do not participate in the County wide program).*

Person can receive up to $10,000 to assist with downpayment and closing costs as matching savings.

IPersons must complete a Financial and Homebuyer Education Program and be income eligible to receive the 6 to 1 match. If a potential 1st Time buyer saves $1,000, they are eligible to receive $6,000 in assistance.

Income eligibility is based on the HUD Income Guidelines.**

The 1st Time Homebuyer Program is run on our behalf by the non-profit organization Housing & Economic Opportunities (HEO) located in Westmont.

Interested persons can call HEO at 856-858-0303 to reserve a seat at the next information night, held each month at the HEO office or Beth Pugh at the Community Development Office 856-757-6656 or bpugh@camdencounty.com

* Camden County City and Gloucester City run their own programs.

** See below the sliding scale for the HUD income limits.

HUD Income Limits Based on Household Size (as of 1/04)