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.
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.