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HOUSING PARTNERSHIP FOR MORRIS COUNTY INC

Bring you home. Keeping you home.

www.housingpartnershipnj.org Tax ID 22-3194848

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The Housing Partnership for Morris County, Inc., a NeighborWorks HomeOwnership Center, is a financial literacy education resource center for home buyer education and financial coaching in northern NJ. The Housing Partnership empowers communities by providing monthly home buyer education classes in both English and in Spanish, 24 hour online classes, free one-on-one financial coaching, including budgeting and credit counseling, as well as foreclosure intervention services.  Our goal is to educate homebuyers with the resources to become mortgage ready and to maintain their homes. We work with all income levels but primarily low to moderate income families who desire to move from the rental market to homeownership thereby investing monies back into our local economy.

In 2018, we saw 397 new households in our education classes and of that number the Housing Partnership proudly helped 101 families realize their dream of purchasing their first homes thereby reinvesting into our local economy.

                                                         2017           2018

New Home owners                        85                 101

Average Age                                   38                   38

Average HH Annual Income        $62,281     $67,623

Average Credit Score                   712               722

Average Purchase Price               $208K          $213K

Average Monthly Mortgage       $1399           $1494

Male Homeowners                       49%              44%

Female Homeowners                   51%              56%

The success of the Housing Partnership is our homeowners who directly impact the community in which they reside as stable members of their county, township and school district. We strive to create good neighbors. We invite you to join us in our mission of Strengthening communities by creating lasting and responsible home ownership through education and financial coaching.