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Atlantic City mayor urges residents to attend free homebuying event at The Claridge

The Neighborhood Assistance Corporation of America will hold its three-day "Achieve the Dream" event Nov. 13-15, offering counseling and access to a mortgage program that the group says requires no down payment.

ATLANTIC CITY — Atlantic City Mayor Marty Small Sr. is urging city residents to attend a three-day homebuying event that the Neighborhood Assistance Corporation of America will hold at The Claridge Hotel, city officials said Monday.

The group's "Achieve the Dream" event runs from Nov. 13 through Nov. 15, from 8 a.m. to 8 p.m. each day, at the hotel on South Indiana Avenue, according to the city.

The event is aimed at renters and people hoping to buy their first home. City officials said it will connect them with the organization's programs, which offer a path to owning a home without a down payment, closing costs, fees or mortgage insurance, and with a low, fixed interest rate.

The program is open to people of all income levels and does not consider credit scores in deciding who qualifies for a mortgage, the city said. Instead, the organization looks at an applicant's overall financial readiness and offers guidance through the homebuying process.

All of the organization's services, including workshops, counseling and access to its mortgage program, are free, according to the city. Officials encouraged people who plan to attend to register in advance.

This brief was drafted by AI from a public agency’s press release and published by The New Jersey Tide. Why we use AI for stories like this one.

Filed underGovernmentAtlantic County