NJ A1005

Establishes a home purchase grant program through the New Jersey Housing and Mortgage Finance Agency (HMFA) in coordination with the Department of Military and Veterans Affairs to assist veterans in buying homes

Provides dollar-for-dollar matching grants up to $10,000 per veteran, applicable to closing costs, equity payments, or other home purchase expenses, with each veteran limited to one grant

Requires applicants to demonstrate at least 90 days of federal active duty service, legal New Jersey residency, and intent to purchase a principal residence in the state

Defines "veteran" broadly to include members of the U.S. Armed Forces, reserve components, and New Jersey National Guard, with no income eligibility requirements for the program

Appropriates $2,000,000 from the General Fund to HMFA to implement the grant program