NEPTUNE - New details were revealed Monday about the Sandy Homebuyer Assistance Program in Neptune.
Low- and moderate-income families can receive a forgivable, interest-free $50,000 loan if they purchase a home in one of nine New Jersey counties hardest hit by Sandy.
If they live in the house for five years, they do not have to repay the loan.
MORE: Sandy Coverage
There is $25 million available through this program, which is aimed at keeping residents living in Sandy-devastated communities.