Homebuyer Assistance Program could benefit Teachers, Sanitation Workers!

Gusciora’s Assembly Bill A1452 establishes the “Police Officer, Firefighter, Public School Teachers, and Sanitation Worker Home-buyer Assistance Act” and appropriates $5 million for the program.

This bill is still in the works but Bill A1452 could benefit the people who keep us safe, the people who teach her children and the people who keep our cities and tow’s clean.

If it does pass, teachers, sanitation workers and police officers will be eligible fir a $10,000 loan fir a down payment for a home loan if they move to the municipality where they work.

However, keep in mind that although this would be a zero interest loan, it does come with a condition: This must be their primary address for five years and then 20 percent of the loan will be forgiven.

Would it be worth it to the officers, teachers and sanitation workers?

Detroit Police Officers are Offered Free Homes–Should Atlantic County do the same?

Despite the fact that 53 percent of Detroit’s police officers live outside of Detroit, Mayor Bing has offered them FREE and reduced-priced homes. This incentive has been offered to 200 police officers to encourage them to live in the communities that they serve.

This is right off the screen if you’re familiar with the show, Lincoln Heights, where police officers were offered substantially reduced-priced homes in urban neighborhoods to have police presence where the most crime was present. In the case of Lincoln Heights the officer’s character, Eddie Sutton, played by actor Russell Hornsby moves his family from the suburbs of LA back to the neighborhood where he grew up. ABC Family aired the show on January 8, 2007 and it lasted four seasons.

This could be a great thing for the community and the police officers as well. After all – A free or reduced-priced home in most neighborhoods is a definite plus, especially if the officers grew up in those neighborhoods. Young people seeing  these officers come back in a positive way could change lives and have such a deep and lasting impact.

Should Atlantic County, NJ offer the same incentive in neighborhoods that are troubled?

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