Palm Beach County, FL
09/16/2024 | Press release | Distributed by Public on 09/16/2024 15:18
UPDATED: Purchase Assistance Funding Available for First-Time Homebuyers
Palm Beach County's Department of Housing and Economic Development (HED) announces the availability of HOME Investments Partnership First-Time Homebuyer Program funds.
Funding will provide up to $100,000 to assist income eligible applicants with acquiring their first home (including acquisition, acquisition/rehabilitation, new construction, down payment, and closing costs) that will be used as their primary place of residence.
The online application portal will open on Wednesday, October 9, 2024 at 12:00 pm, and close on Thursday, October 31, 2024 at 11:59pm(or until 30 applications have been submitted). Applications must be submitted online, and will be processed on a first submitted, first qualified, first served basis, subject to funding availability. All financial assistance will be in the form of a deferred loan secured by a recorded Mortgage, Promissory Note, and Declaration of Restrictions. Eligible applicants can apply by visiting the website at https://pbcgov.com/HED.
PRE-APPLICATION ORIENTATION:Before submitting an application, applicants may attend one of the Virtual Pre-Application Orientations listed below:
- Friday, September 27, 2024 at 12:00 pm
- Friday, October 4, 2024 at 4:00 pm
- Monday, October 7, 2024 at 10:00 am
The Virtual Pre-Application Orientation Meeting WebEx link is:
https://pbc-gov.webex.com/pbc-gov/j.php?MTID=m24e1055929358bf22ad016d83295d2d9
Meeting Number: 2313 066 5492
Password: 5CAnQTPun67
(OR) Dial (904)-900-2303 to join by phone
For additional information, please contact:
Mortgage and Housing Investments Division at (561) 233-3600
Antoinette Prescott at (561) 233-3606 or Rommel Sankhi at (561) 233-3693 or via email at [email protected]