The AHA assists any first-time homebuyer to determine their mortgage readiness and understand the home buying process by providing group workshops and one-on-one home buying counseling.
To schedule a one-on-one counseling session, please complete and submit the initial Intake Form and an AHA housing counselor will contact you to set up an appointment. Sessions are required in order to determine a potential buyer’s mortgage readiness.
The Financial Literacy Training provides five in-depth classes on Basic Banking, Credit, Budgeting, Identity Theft and Understanding Insurance. Basic Banking provides information on different accounts that people can open and their benefits. Credit is an in-depth look into what credit is, how to attain good credit and how to fix credit. Budgeting provides resourceful information on budgeting tools for the client as well as the household. Identity Theft illustrates the importance of keeping track of finances, what to do when you are a victim of identity theft and the different ways identity theft occurs. Understanding Insurance provides information on different insurances available to homeowners, what to look for when shopping for insurance and the importance of insurance. Click here to register.
The homebuyer workshop is a HUD certified workshop that provides first-hand information from housing professionals. Participants will be provided information on the steps of the home buying process, access to their home buying team and information on programs available to them, such as loan products and grant programs. Click here to register.
To attend a Homebuyer’s Educational Workshop, you must be creditworthy and ready to move forward with the purchase of a home within 60 to 90 days of completing this workshop. AHA strongly recommends that you meet with a housing counselor in advance of registering for a workshop if you are unsure of your mortgage readiness. However, if you are sure of your status, please:
- Click here for an initial online Intake form. Please complete and submit the Intake form.
- Click here to register.
- Price is $125 per person and $150 for couples. The fee includes the workshop and materials used during the workshop, a tri-merged credit report, lunch and a one-on-one counseling session. After the participant closes on their home and provides copies of their closing documents, the AHA will refund $50 back to them.
An Individual Development Account (IDA) is a matching savings account program. For every dollar that you deposit into the account, you will receive one or two additional dollars. IDA participants must save for a minimum of 10 months before they can withdraw the funds, and funds can only be used toward the purchase of a home. Acceptable uses of IDA funds include: down payment, title insurance, settlement fees, inspection fees, closing costs, attorney fees, appraisal fees, acquisition costs and mortgage insurance (as part of closing costs). Click here for an initial online Intake Form.
Affordable housing takes many forms and is provided through various agencies, including COAH, HUD and HFMA. Each agency has varying eligibility requirements. The AHA is a certified Administrative Agent providing all services dictated by the Council on Affordable Housing. We can assist you by providing information and resources concerning the purchase of affordable housing. We also manage affordable homes in Asbury Park, Atlantic Highlands, Eatontown, Manalapan, Marlboro, Millstone and Wall Township as well as affordable homes in housing developments constructed by leading developers.
- Click here to submit an Intake Form.
- Once you have completed and submitted an Intake Form, an AHA housing counselor will contact you to determine the programs for which you may be eligible.
- Click here for additional information on determining household eligibility.
Once an application has been received, it will be processed and you will be placed on a waiting list(s) for the township(s) where you are interested in residing. An AHA housing counselor will notify you in writing of your application process date and time, and the bedroom size and income category (low or moderate) for which you qualify. Applicants are referred to both new construction and re-sale homes based on a lottery system.