Repair funds available for qualifying Byram homeowners
Byram. Qualifying homeowners may find an interest-free loan is available to them through the Byram Rehabilitation, which is part of the Township's Affordable Housing Program.
| 03 Nov 2019 | 11:54
Interest-free loans are now being made available to qualifying Byram Township homeowners for basic home repairs through the Byram Housing Rehabilitation Program (BHRP). The BHRP is sponsored by Byram as part of the Township's Affordable Housing Program mandated by the State. To begin the process, homeowners must first submit a preapplication to determine their eligibility. Applicants are considered on a first come, first served basis.
Financial assistance is offered to low- and moderate-income Township homeowners for basic home improvements in the form of a 0% interest, deferred payment loan of up to $17,000. Loans are not due to be repaid until the house is sold. Funding for the Program comes from Affordable Housing development fees that have been paid to the Township.
Eligibility is limited to families whose income meets the following 2019 State guidelines:
Household Size
Maximum Annual Income
1 Person
$53,286
2 Persons
$60,898
3 Persons
$68,510
4 Persons
$76,122
5 Persons
$82,212
6 Persons
$88,302
7 Persons
$94,391
8 Persons
$100,481
Pre-application forms can be obtained at the Byram Township Municipal Building, or on the Township's website, www.byramtwp.org, under "Forms & Documents".
Funding is currently available for four housing rehabilitation loans, and applications are processed in the order they are received.
Questions about the application process can be answered by calling the Program Coordinator, Steve Weinberg, directly at 732-485-0756 or by email at steve.weinberg@mac.com.
Local home improvement contractors interested in submitting quotes on units to be rehabilitated through the program should also contact Mr. Weinberg.