The Township is expected to hold a news conference to announce the participation in the LWYW program. Speakers will include, Robert W. Singer, N.J. Senator and Lakewood Committeeman, Steven Langert, Mayor of Lakewood, Marge Della Vecchia, Executive Director of NJHMFA, Steven Reinman, Director of Economic Development, Lakewood and Ed Collins, Live Where You Work Program, NJHMFA. LWYW is a special incentive program designed to encourage local workers to buy homes and live in the communities where they are employed. To facilitate that, the NJHMFA is offering this program to assist first time homebuyers with a down payment, closing costs, and competitive lending rates.
A number of large New Jersey cities and towns are already participating in this program. Lakewood officials feel this is a valuable resource for the residents and employers of the community.
Details of the program and rates will be available at the press conference. Fran Kirschner.
Lakewood Township To Participate In The “Live Where You Work” Program
This content, and any other content on TLS, may not be republished or reproduced without prior permission from TLS. Copying or reproducing our content is both against the law and against Halacha. To inquire about using our content, including videos or photos, email us at general@thelakewoodscoop.com.
Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.
**Click here to join over 20,000 receiving our Whatsapp Status updates!**
**Click here to join the official TLS WhatsApp Community!**
Got a news tip? Email us at newstips@thelakewoodscoop.com, Text 415-857-2667, or WhatsApp 609-661-8668.
Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.
**Click here to join over 20,000 receiving our Whatsapp Status updates!**
**Click here to join the official TLS WhatsApp Community!**
Got a news tip? Email us at newstips@thelakewoodscoop.com, Text 415-857-2667, or WhatsApp 609-661-8668.
12 COMMENTS
Comments are closed.
here we go higher taxes. Where else is this monies coming from.
Way to go First Meridian Mortgage!!
What about those who already own in Lakewood? What incentives are in it for current owners?
what does this have to do with first moridein
They are one of the approved lenders with NJHFMA which will be able to do these loans.
Can someone give us details please. I’m in the process of buying. What are they offering?
How about requiring every employee to move to lkwd within two years of starting to work for the Township???
to dovdov – we can’t afford it.
Alwz altering the truth. Y do u censor a story. Arent you suppose to honor 1st ammendment rights? Come on TLS!
3his sounds fishy
who is footing this bill is it coming out of our tax base do we have to natch a goverment grant ??
if anything the bill should require all township employees to live here .
have any reading comprehension
This is outrageous! Why I should I pay taxes to give those who have the good fortune of not having to commute to work money?What is this program supposed to accomplish? Do they think most people who work out of Lakewood enjoy commuting?