Home Buyer Purchase Assistance

​​​​​​​​​​​​​​​​​​​​​Now Available for Many Areas

Please see below for a list of eligible areas.  

The Housing Finance Division offers Home Buyer Purchase Assistance to qualified home buyers. Assistance is in the form of a deferred payment second mortgage at 0% interest, 15-year term. Funds are available on a first-come, first qualified, first served basis. 

Note: Our income certification approval and funding process takes 5-6 weeks after receipt of a package from the lender.

​For the Home Buyer​ Program flyer, click here​
Instructions

  1. Take a Homebuyer Education class from a Certified HUD Approved Counseling Agency. For your convenience​, you can download​ a list of local agencies here or you may visit the HUD website. 

  2. Obtain a first mortgage approval from a lender or you can select a lender from the Participating Lenders List and contact them directly. ​​​​
    If you are a lender and require the County's Homebuyer Purchase Assistance Program Lender Guidelines click here.​   

    Disclaimer: The Housing Finance Division is not responsible for the borrower's selection of lender and/or Homebuyer  Education class, financing terms, actions or decisions made by lenders or counseling agencies. Lender decisions are final.​ 

  3. ​Eligible properties must be in one of the areas listed below with the maximum sales price of $636,806;​ a higher max price in​ Weston may be available. Once you have identified a property in an area listed below, your LENDER will need to contact our office for further instructions on how to proceed. 

Note: Our income certification approval and funding process takes 5-6 weeks after receipt of a package from the lender.​

*Higher prices may be available in certain areas with higher down payments from the buyer. 
  • ​Unincorporated Broward County 
  • Coconut Creek 
  • Cooper City
  • Coral Springs
  • Dania Beach​
  • Davie ​
  • Hallandale Beach 
  • Hillsboro Beach ​
  • Hollywood (for more information click here)
  • Lauderdale Lakes 
  • Lauderdale by the Sea 
  • Lazy Lake Village 
  • Lighthouse Point 
  • Margate (no available funds)​
  • North Lauderdale ​
  • Oakland Park 
  • Parkland
  • Pembroke Park 
  • Plantation ​
  • Sea Ranch Lakes 
  • Southwest Ranches ​
  • Sunrise 
  • Weston 
  • West Park 
  • Wilton Manors 

Homebuyer's gross annual household income must be certified by Broward County. Please review Income Chart for the household size maximum income limits.

Income Chart​

The Broward County Income Category Chart is based on the U.S. Department of Housing and Urban Development (HUD) Income Limits Documentation System. Gross annual household income may not exceed 80% of the area median income (AMI).  


​HOUSEHOLD​​​​
SIZE​​​​​

​ (80%) AMI​

​1 Person
​$59,150​​​​​​
​​2 Person
​$67,550
​3 Person
​$76,050​
​4 Person​$84,450
​5 Person​$91,200
​6 Person​$98,000
​7 Person​$104,750
​8 Person​$111,500
​Income Limits Effective: April, 2024​
​

​Funds are limited and available on a first-come, first-qualified basis. 

Program Features:
  • The buyer must contribute three percent (3%) of the purchase price; not applicable for VA loans​
  • A comprehensive Home Inspection report is required
  • You may purchase an existing home or a new construction home
  • You must owner occupy the home as your primary residence
  • Eligible properties include single-family residences, condominiums, villas and townhomes located within Broward County service areas. Mobile homes and cooperatives are not eligible​​​​​​​​

PLEASE NOTE, if you plan on purc​​hasing in any city not listed above, please co​ntact that particular city directly to inquire about any program(s) they may offer for Purchase Assistance. ​​​​​​​​