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  5. ›First Time Homebuyer Activities FY2026

County of Ocean·New Jersey

First Time Homebuyer Activities FY2026

Closes 2/19/2026$200k – $500kRequest for Proposal
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Description

The Ocean County Board of Commissioners is seeking proposals from qualified organizations to administer the day-to-day operations of the Ocean County First Time Homebuyer Program. The program provides financial assistance to individuals seeking to purchase a house in Ocean County. The selected organization will be responsible for administering the program, providing technical advice and assistance, and maintaining liaison with the HOME Program Liaison. The proposal should include a technical proposal, description of experience and qualifications, computed budget proposal, and other required documents. • The program is funded under the HOME Investment Partnerships Act of 1990 and serves to provide down payment assistance for low and moderate-income households. • The selected organization must be capable of and demonstrate experience in administering all aspects of the program. • The term of this contract is two years from the date of execution or until the funds are depleted. • The County will fund First Time Homebuyer Activities according to the requirements indicated in the proposal. • The selected organization will be expected to maintain liaison with the HOME Program Liaison and may attend a limited number of meetings as required with the Comprehensive Housing Affordability Committee (CHAC), Ocean County Board of Commissioners, Department of Planning Staff, and other County, Local, and Federal officials.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Evan Johnson(Qualified Purchasing Agent)

[email protected]

(732) 929-2101

Key dates

Opened
1/28/2026
Closes
2/19/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110

Budget estimate

$200,000 – $500,000

The budget for this opportunity can be estimated based on the allocated funds for the FY 2026 HOME First-Time Homebuyer Program, which is $400,000. The selected organization will be responsible for administering the program and providing financial assistance to eligible applicants. The maximum HOME subsidy for a project will be $25,000, and it is anticipated that approximately sixteen applicants will be assisted under the program. The total budget for the selected organization will depend on the scope of work, the number of applicants assisted, and the administrative costs associated with the program. A rough estimate for the budget could be between $200,000 and $500,000, considering the allocated funds, the maximum subsidy per project, and the administrative costs.

AI estimate from the solicitation

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