Voorhees Township’s population of approximately 31,000 residents increases on a daily basis when commuters and shoppers visit our community. We encourage those who work in Voorhees to become residents here.
In 2009, the township committee chose to participate in the state-sponsored Live Where You Work Program, which offers financial incentives to workers who buy homes in the municipalities where they work.
More than 40 other communities, including Cherry Hill and Evesham, have also joined the program.
Live Where You Work offers low-interest mortgage rates, flexible loan application reviews and help with down payments and closing costs to qualified buyers.
To qualify, a person must be a first-time home buyer who works but does not presently live in Voorhees. Income guidelines posted by the New Jersey Housing and Mortgage Financing Agency, which administers the program, suggest that a household of one or two people can earn no more than $85,600 a year if the family wants to qualify.
Households with three or more can qualify with an annual income of no more than $98,440.
Incentives include down-payment and closing-cost assistance equal to as much as 5 percent of the total mortgage amount.
Voorhees is promoting the program through our township website, www.voorheesnj.com, and additional information can be obtained at the state website www.livewhereyouwork.nj.gov or you can call 1–800-NJHOUSE.
The program should help others learn what our residents already know, that Voorhees is “in the center of everything…and away from it all.”
