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Broward County > Broward Housing Council > Funding Opportunities

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There are many local and federal funding opportunities available; below are links to current housing funding programs for income-eligible residents.  Click here to access the Funding Archive

 

Purchase Assistance and Minor Home Repair Funds Available

The City of Coconut Creek’s First-Time Homebuyer Purchase Assistance Program is designed to provide up to $40,000 for down payment, closing cost, principal reduction, rehabilitation and/or other costs associated with purchasing a new or existing eligible home.

The City of Coral Springs Neighborhood Stabilization Program 3 (NSP3) application package is available.  Funds are available for low-income applicants only (0-50% of Area Median Income).  For additional information, please call Ms. Vickki Placide, Community Development Coordinator at (954) 344-5910.

The City of Davie has several homeowner and homebuyer assistance programs available. 

The City of Deerfield Beach has a First-Time Homebuyer Purchase Assistance Program.

The City of Fort Lauderdale has a Housing Choice Voucher Program that offers families determined eligible for voucher assistance have the option to purchase a home rather than renting.  The City also has a Family Self-Sufficiency Program that provides opportunities for home-ownership.

The City of Hallandale Beach has a Down Payment Assistance/Affordable Housing Program.

The City of Lauderhill expend funds for the First-Time Homebuyer Purchase Assistance Program as a loan to qualified persons for down payment and closing cost. The funds are awarded on a first-come, as-needed basis; to the extend funds are available. 

The City of Miramar offers First-Time Homebuyer Purchase Assistance and Housing Rehabilitation Programs

The City of Pembroke Pines has a Minor Home Repair Assistance Program for very low, low and moderate-income Pembroke Pines homeowners.  For more information please contact their office at 954-431-7866 Option 3.

The City of Plantation has a Housing Grant Program which  provides assistance for income eligible candidates to receive up to $35,000 toward down payment and closing costs. A ten-year lien will be placed on the property to cover these costs. This program is administered by Broward County.  Please call 954-357-4947 to apply for this program.  The City also offers Minor Home Repair Assistance for low to moderate income Plantation residents, needing assistance with non-luxury, health, safety repairs and code violations. 

The City of Pompano Beach has an Exterior Home Improvement Program which assists in renovating deteriorated exterior facades and yards of houses that are owned/occupied by low and moderate-income residents of the City of Pompano Beach. The City has a Housing Rehabilitation Program which provides up to $30,000 for home repairs for income eligible homeowners. These funds are utilized to make necessary improvements to ensure that the home is safe and meets current code requirements.  The rehabilitation program is open once a year.  For more information please contact the Office of Housing and Urban Improvement at (954) 786-4659. Two other programs that Pompano Beach offers are the State Housing Initiatives Partnership (SHIP) funds administer the City's Local Housing Assistance Program and Neighborhood Stabilization Program (NSP) funds which are used by acquiring, rehabilitating and selling foreclosed properties. Not only does this program provide an opportunity for families to purchase a home who might not otherwise be able to afford a home, but it also will help to stabilize the neighborhoods surrounding these properties.  

The City of Sunrise has funding available for a First-Time Homebuyer Purchase Assistance Program.  

 U.S. Department of Housing and Urban Development (HUD) Notice of Funds Availability (NOFA)

Project Rental Assistance Program:  Funding to provide project-based rental assistance funding to housing agencies. These funds are only available to be used as project-based rental assistance for housing units integrated in multifamily properties that are set-aside for extremely low-income persons with disabilities.  Close date:  May 5, 2014  More... 

Housing Counseling Training Grant Program:  Funds totalling $2,000,000 is available for Housing Counseling Training Grant. Close date:  May 5, 2014  More... 

Local and Federal Resources

Grants for Benefit of Homeless Individuals -Services in Supportive Housing  The Substance Abuse and Mental Health Services Administration’s (SAMHSA’s) Center for Substance Abuse Treatment (CSAT) is accepting applications.  The purpose of this program is to support the development and/or expansion of local implementation and community infrastructures that integrate treatment and services for substance use, co-occurring substance use and mental disorders, permanent housing, and other critical services.  Close date:  April 25, 2014.  More... 

Notice of Request for Proposals:  Enterprise Community Partners Capacity Building Program  The purpose of this grant funding is to support and improve the capacity and production of community housing development organizations (CHDOs) and community development corporations (CDCs).  Enterprise Southeast is seeking to support CDCs and CHDO’s in preservation and production of affordable housing, equitable transit oriented development and supportive housing initiatives focused on mitigating homelessness.  Close date May 7, 2014.  More... 

Broward County and the fifteen (15) entitlement communities receive federal funds annually from the U.S. Department of Housing and Urban Development (HUD) for the Community Development Block Grant (CDBG) Program and HOME Investment Partnership (HOME) Program. To obtain additional information on local funding opportunities that may be administered by a particular Broward City or Broward County's Housing Finance and Community Development Division, click here to view the consolidated plans and/or annual action plans.

The Florida Community Loan Fund (FCLF) is a non-profit, certified, Community Development Financial Institution (CDFI). They provide capital and technical assistance to qualifying non-profit organizations that deal with affordable housing, economic development and essential social services in the urban and rural low-income communities throughout Florida. Click here to see their Statewide Impact Map of projects financed by FCLF throughout Florida that help serve and/or prevent homelessness.

Florida Housing Finance Corporation is one of the most important financing providers for development of affordable housing in Florida. Applicants interested in applying for funding for the construction or rehabilitation of affordable rental housing through the following programs (Housing Credits, Multifamily Mortgage Revenue Bonds, and HOME Investment Partnership Program) can do so through the Florida Housing Finance Corporation Universal Application Cycle when it becomes available.

Green Refinance Plus is a program offered by U.S. Housing and Urban Development (HUD), the Federal Housing Administration (FHA) and Fannie Mae which allows owners of existing affordable rental housing properties to refinance into new mortgages that include funding for energy- and water-saving upgrades, along with other needed property renovations.

The Housing Finance Authority of Broward County, Florida (HFA) provides tax exempt and taxable financing
for the acquisition, construction, and/or rehabilitation of multi-family rental housing projects.

Mercy Loan Fund is a 501 (c)(3) nonprofit corporation and was created to provide financing for quality affordable housing. They help finance single family homes and multi-family rental homes for low-income individuals and families, the working poor, seniors, farm workers, formerly homeless individuals and people with special needs.

National Housing Trust Fund (NHTF) is an affordable housing production program that complements existing Federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including homeless families.

The Weatherization Assistance Program (WAP) annually provides grant funds to community action agencies, local governments, Indian tribes and non-profit agencies to provide specific program services for low-income families of Florida. These entities provide program services throughout the state.

Other Funding Resources

90 Federal Programs to Provide Affordable Housing – The Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) provide federal grants to low-income property owners and eligible mortgagors who provide housing for persons of low to moderate income. Once you have identified a potential granting agency, call the contact telephone number shown in "Information Contacts" section of the program description and request a grant application kit. 

 

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