Live Where You Work
Woodbury Homebuyer Program
Do you Work in Woodbury? You may be Eligible!
To Learn More About Live Where You Work – Woodbury, please see the PDF flyer. You can also visit www.livewhereyouwork.nj.gov or call 1-800-NJHOUSE. Live Where You Work is a program of the NJ Housing and Mortgage Finance Agency.
What is Woodbury’s Live Where You Work Program?
Live Where You Work – Woodbury is a special homebuyer incentive program that provides low-interest mortgage loans to homebuyers who work in and who are looking to purchase a home in Woodbury.
What are the Benefits of Woodbury’s Live Where You Work Program?
- Low-interest mortgages for homebuyers
- Downpayment and closing cost assistance for the purchase of a home
- More flexible underwriting criteria for the loan qualification process
- Additional savings offered by local businesses in partnership with the City of Woodbury
Maximum Income Limits for Woodbury †‡
Family Size City Wide
- 1-2 person household $88,200
- 3+ person household $101,430
Maximum purchase price Limits for Woodbury †
House Type City Wide
- New 1 family $320,625
- Existing 1 family $320,625
- Existing 2 family $361,125
- Existing 3 family $438,750
- Existing 4 family $506,250
** Not all properties listed on these websites are located within Urban Target Areas.
† These limits are set by the federal government and are subject to change without notice.
‡ Interest rates will vary depending on income. See www.livewhereyouwork.nj.gov for more information.
A Message from the Mayor – The City of Woodbury is a thriving community that celebrates its heritage while enjoying modern conveniences and a vision that carries us into the 21st century. Visitors and residents can enjoy our historic sites at the same time they enjoy our downtown shopping district and restaurants. Woodbury is “a city you can grow with.” We continue to strive to build our community to help create new opportunities to live, work and play in our city. The much anticipated light rail connection to Camden & Philadelphia will truly make this the city you can grow with! We are committed to growing our community through the Live Where You Work Program. I invite you to learn more about this exciting program and how the City of Woodbury can work together to make you the newest resident of our thriving community.