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 Home Buyer Programs


The Housing Finance and Community Redevelopment Division Home Buyer Programs are for first time home buyers. Assistance is in the form of a second mortgage up to $40,000, 0% interest, 15 year term. Funds are available on a first come, first qualified, first served basis.


Funding is no longer available. Please check back for further updates regarding availability. ​

 Thanks to a special loan partnership between the Housing Finance Authority of Broward County and local home mortgage lenders, first time home buyers purchasing in Broward County now have a chance to own a home of their own at below-market mortgage rates. If you are a first time home buyer looking for a manageable mortgage, the First Time Home Buyer Program may make it possible for you to buy the home you want.

 Applicant Instructions

  1. Take a Homebuyer Education class from a U.S. Department of Housing and Urban Development (HUD) approved counseling agency by visiting or call 202-708-1112 (TTY 202-708-1455) if you do not have computer access.

    Program Features:

    • Below market fixed mortgage interest rate
    • Private Mortgage Insurance (PMI) is not required
    • Down payment is 3% of real estate contract sales price. One percent (1%) of the down payment funds must come from your own savings and cannot be borrowed or received as a gift.
    • A comprehensive Home Inspection report is required.
    • Borrower pays a $750 transaction fee to the Housing Finance Authority of Broward County.
    • 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 town homes located within Broward County. Mobile homes and cooperatives are not program eligible properties.​

  2. Obtain a first mortgage approval from a lender or you can select a lender from the Participating Lenders List and contact them directly.

  3. Eligible properties must be in one of the following areas:

    • ​Unincorporated Broward County
    • Cooper City
    • Dania Beach
    • Davie
    • Hallandale Beach
    • Hillsboro Beach
    • Lauderdale by the Sea
    • Lazy Lake Village
    • Lighthouse Point
    • Oakland Park
    • Parkland
    • Pembroke Park
    • Plantation
    • Sea Ranch Lakes
    • Southwest Ranches
    • Weston
    • West Park
    • Wilton Manors

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

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




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. Note: Broward County's Median Income is $65,700

House​​hold Size ​Extremely Low (30%) Very Low (50%)​ ​Low (80%)
​1 Person ​$17,000 ​$28,300 ​$45,300
2 Person​ ​$19,400 ​$32,350 ​$51,750
​3 Person ​$21,850 ​$36,400 ​$58,200
​4 Person ​$25,100 ​$40,400 ​$64,650
​5 Person ​$29,420 ​$43,640 ​$69,850
​6 Person ​$33,740 ​$46,900 ​$75,000
​7 Person ​$38,060 ​$50,100 ​$80,200
​8 Person ​$42,380 ​$53,350 ​$85,350
 Effective: April, 2018



Purchase Assistance Program


The Homebuyer Purchase Assistance Program provides eligible residents (with gross household income certified below 80% of the Area Median Income) with a deferred payment loan to be applied towards the down payment for the purchase of eligible owner-occupied affordable housing.




Available Purchase Assistance


Funding is no longer available. Please check back for further updates regarding availability.  Funds are limited and available on a first come, first qualified basis, when available. 




PLEASE NOTE, if you plan on purchasing in an ENTITLEMENT CITIES, please contact that particular city directly to inquire about any program(s) they may offer for First Time Homebuyers/Down Payment Assistance. Please be advised the Down Payment Assistance program is available on a First Come, First Qualified, First Served basis.​​​




Earn tax credit for buying a home with the Mortgage Credit Certification Program​​​​​