The contract is for the First Time Homebuyer Activities FY 2022 program, which provides down payment and closing cost assistance to qualified applicants. The program is administered by the Ocean County Board of Commissioners and the vendor, Ocean Community Economic Action Now, Inc. The contract value is not explicitly stated, but the program provides subsidies of up to $15,000 to qualified applicants. The key services provided under this contract include program administration, applicant screening, and grant award management.
• The program provides subsidies of up to $15,000 to qualified applicants.
• The contract is for a term of 2 years, starting from April 20, 2022, and ending on April 19, 2024.
• The vendor, Ocean Community Economic Action Now, Inc., is responsible for administering the program and providing services to qualified applicants.
• The contract is subject to renewal, but the terms of renewal are not specified.
• The program is funded by the Ocean County Board of Commissioners, and the contract is managed by the Planning Department.