FIVE EASY STEPS TO HOME OWNERSHIP
BUYER PURCHASE ASSISTANCE (HPA) PROGRAM
UP TO $80,000 PER PROPERTY AVAILABLE NOW!*
Step 1: Determine if funds are available in your community.
| Community | Amount of Funding Available per Property | Max Gross Household Income Allowed |
|---|---|---|
| Davie | Up to $80,000 | 80% AMI |
| Coconut Creek | Up to $80,000 | 80% AMI |
| Coral Springs | No Funds | 80% AMI |
| Cooper City | Up to $80,000 | 80% AMI |
| Dania Beach | Up to $80,000 | 80% AMI |
| Hallandale Beach | Up to $80,000 | 80% AMI |
| Hillsborough Beach | Up to $80,000 | 80% AMI |
| Hollywood | Up to $50,000 | 120% AMI |
| Lauderdale by the Sea | Up to $80,000 | 80% AMI |
| Lauderdale Lakes | Up to $80,000 | 80% AMI |
| Lazy Lake Village | Up to $80,000 | 80% AMI |
| Margate | No Funds | 80% AMI |
| North Lauderdale | Up to $80,000 | 80% AMI |
| Lighthouse Point | Up to $80,000 | 80% AMI |
| Oakland Park | Up to $80,000 | 80% AMI |
| Parkland | Up to $80,000 | 80% AMI |
| Pembroke Park | Up to $80,000 | 80% AMI |
| Plantation | Up to $80,000 | 80% AMI |
| Sea Ranch Lakes | No Funds | 80% AMI |
| Southwest Ranches | Up to $80,000 | 80% AMI |
| Sunrise | Up to $40,000 | 80% AMI |
| Weston | Up to $120,000 | 80% AMI |
| Wilton Manors | Up to $80,000 | 80% AMI |
| Unincorporated Broward (BMSD) | Up to $80,000 | 80% AMI |
Step 2: Confirm your gross annual household income is beneath the level for household size.
| Household Size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| 80% AMI | $64,550 | $73,800 | $83,000 | $92,200 | $99,600 | $106,950 | $114,350 | $121,750 |
| 120% AMI | $96,840 | $110,640 | $124,440 | $138,240 | $149,400 | $160,560 | $171,600 | $182,640 |
Step 3:
Make sure the property you wish to purchase is eligible for purchase assistance. It must be a single family, townhome, villa, condominium or manufactured home with a real property tax ID. Mobile homes and cooperatives are not eligible. The maximum sales price is $636,806 (a higher maximum may be available in certain communities).
Step 4:
Ensure you, as the buyer, are eligible for purchase assistance. You must qualify for and secure a first mortgage (30-year term) that meets Broward County lending guidelines. You may not have owned a residential property in the past three years and must use the purchased residence as your primary domicile for the term of the loan.
Step 5:
Talk to a lender! Meet with a residential mortgage lender to get pre-approved for a first mortgage loan. Attend a Homebuyer Education class conducted by a South Florida HUD-approved agency. To find a class, visit HUD.gov. Once pre-approved for an eligible property, the lender reserves funds with the program.
