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Home Buyer Purchase Assistance

Purchase Assistance Funds are Available for Cooper City and Wilton Manors in the Broward County Program

The County is accepting new application packages for Cooper City and Wilton Manors. All other Broward County service areas funds are not available at this time, please check our websites for the most current information regarding funds.

The Housing Finance and Community Redevelopment Division offers Home Buyer Purchase Assistance to qualified home buyers. Assistance is in the form of a deferred payment second mortgage up to $40,000 (or up to $50,000 for Davie, Plantation, and Weston), 0% interest, 15 year term. Funds are available on a first come, first qualified, first served basis.


 Applicant Instructions

 
  1. Take a Homebuyer Education class from a U.S. Department of Housing and Urban Development (HUD) approved counseling agency by visiting www.hud.gov or call 800-569-4287 if you do not have computer access.

    Program Features:

    • Up to $40,000 available (or up to $50,000 for Davie, Plantation, and Weston)
    • Purchase Assistance 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.
    • 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 service areas. Mobile homes and cooperatives are not eligible.​

  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, they are located on our home page under Programs.
    Disclaimer: The Housing Finance and Community Redevelopment 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 following areas:

    • ​Unincorporated Broward County (no funds available)
    • Cooper City Funds Available
    • Dania Beach (no funds available)
    • Davie (no funds available)
    • Hallandale Beach (no funds available)
    • Hillsboro Beach (no funds available)
    • Lauderdale by the Sea (no funds available)
    • Lazy Lake Village (no funds available)
    • Lighthouse Point (no funds available)
    • Margate (no funds available)
    • North Lauderdale (no funds available)
    • Oakland Park (no funds available)
    • Parkland (no funds available)
    • Pembroke Park (no funds available)
    • Plantation (no funds available)
    • Sea Ranch Lakes (no funds available)
    • Southwest Ranches (no funds available)
    • Weston (no funds available)
    • West Park (no funds available)
    • Wilton Manors Funds Available

  4. 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), except for Wilton Manors, which may not exceed 140% AMI.

 
House​​hold Size ​(30%) AMI (50%) AMI​ ​ (80%) AMI

          ONLY

WILTON MANORS

      (140%) AMI

​1 Person ​$17,700 ​$29,500 ​$47,150​$82,600
2 Person​ ​$20,200 ​$33,700 ​$53,900​$94,360
​3 Person ​$22,750 ​$37,900 ​$60,650​$106,120
​4 Person ​$25,750 ​$42,100 ​$67,350​$117,880
​5 Person ​$30,170 ​$45,500 ​$72,750​$127,400
​6 Person ​$34,590 ​$48,850 ​$78,150​$136,780
​7 Person ​$39,010 ​$52,250 ​$83,550​$146,300
​8 Person ​$43,430 ​$55,600 ​$88,950​$155,680
 Effective: April, 2019

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

 

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

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