Live Where You Work (LWYW)

What is the LWYW home buyer program? 

The LWYW program is a home mortgage incentive program that provides low-interest mortgage loans to home buyers employed in Pemberton Township.  The goal of LWYW is to build strong communities by promotion home ownership and encouraging people to live closer to their jobs.  This, in turn, will reduce the need for cars and increase the use of alternative transportation such as walking, biking and public transit.

If you would like to buy  house in the town where you currently work, then LWYW might be right for you.  Employees benefit from attractive mortgage rates, more flexible loan application review and underwriting criteria, and reduced commuting times to work.  Municipalities benefit from having a committed workforce living nearby, and the activity and economic vibrancy that comes with people living near where they work.

Eligible Properties:  Properties must be located in Pemberton Township.  Eligible properties include one-family units, including condominiums (new and existing) and existing 2-4 family unit properties that are more than 5 years old.  Eligible properties also include new two-unit residential dwellings.

For more information, including income guidelines and housing price guidelines, click here.