HACKENSACK, N.J. -- The Bergen County Division of Community Development on October 10 honored 25 families of Bergen County residents who successfully purchased a new home after completing the American Dream First Time Home Buyer Program during the past year.
 
American Dream is an innovative program designed to educate potential first-time buyers about the purchase of their first home. Bergen County government developed the program in response to high real estate costs and the struggle to save money for a down payment. The American Dream program works in partnership with local banks to offer qualified residents below-market interest rates, deferred payback mortgage financing, and down payment assistance to buy their first home in order to realize the “American Dream.”

For more information, contact the Bergen County Home Ownership Center, 201-336-7206 or americandream@co.bergen.nj.us