See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated March 27, 2026

Homebuyer Programs in Boynton Beach, FL (2026)

Population: 86,000 | Median home price: $390,000 | Est. closing costs: $8,000 - $11,500

Boynton Beach is a growing coastal city in Palm Beach County, Florida, with a population of approximately 86,000 and a median home price around $390,000. Homebuyers here benefit from one of the strongest layered assistance environments in South Florida. The City of Boynton Beach SHIP Purchase Assistance Program offers up to $100,000 as a forgivable loan at 0% interest, forgiven after 15 years. Buyers can also tap into the Palm Beach County SHIP Purchase Assistance Program (up to $100,000), the Palm Beach County Homebuyer Match Pilot Program (up to $50,000 grant), the Palm Beach County Housing Finance Authority Program (up to $17,500), and state programs like the Florida Hometown Heroes Program (up to $35,000). By stacking city, county, and state programs, eligible Boynton Beach buyers could potentially access over $200,000 in combined down payment and closing cost assistance.

City Programs in Boynton Beach

Program Name	Type	Amount	First-Time Only	Details
City of Boynton Beach SHIP Purchase Assistance Program	Forgivable Loan	Up to $100,000	Yes	View →

City of Boynton Beach SHIP Purchase Assistance Program

Type:: Forgivable Loan
Amount:: Up to $100,000
First-time only:: Yes

County Programs in Palm Beach County

Program Name	Type	Amount	First-Time Only	Details
Palm Beach County HOME First-Time Homebuyer Program	Deferred Loan	Up to $100,000	Yes	View →
Palm Beach County Homebuyer Match Pilot Program	Grant	Up to $50,000	Yes	View →
Palm Beach County Housing Finance Authority Homebuyer Program	Deferred Loan	Up to $17,500	Yes	View →
Palm Beach County Mortgage Credit Certificate Program	Tax Credit	Up to $2,000 per year in federal tax credits	Yes	View →
Palm Beach County SHIP Purchase Assistance Program	Forgivable Loan	Up to $100,000	Yes	View →

Palm Beach County HOME First-Time Homebuyer Program

Type:: Deferred Loan
Amount:: Up to $100,000
First-time only:: Yes

Palm Beach County Homebuyer Match Pilot Program

Type:: Grant
Amount:: Up to $50,000
First-time only:: Yes

Palm Beach County Housing Finance Authority Homebuyer Program

Type:: Deferred Loan
Amount:: Up to $17,500
First-time only:: Yes

Palm Beach County Mortgage Credit Certificate Program

Type:: Tax Credit
Amount:: Up to $2,000 per year in federal tax credits
First-time only:: Yes

Palm Beach County SHIP Purchase Assistance Program

Type:: Forgivable Loan
Amount:: Up to $100,000
First-time only:: Yes

State Programs in Florida

Program Name	Type	Amount	First-Time Only	Details
FHLBA Community Partners Product	Forgivable Loan	Up to $20,000 in home purchase assistance for down payment and closing costs	No	View →
FHLBA First Time Homebuyer Product	Forgivable Loan	Up to $17,500 in home purchase assistance for down payment and closing costs	Yes	View →
FHLBA Workforce Housing Plus+	Grant	Up to $15,000 in home purchase assistance for down payment and closing costs	No	View →
Florida Assist (FL Assist) Second Mortgage Program	Deferred Loan	Up to $10,000	Yes	View →
Florida HFA Preferred and Advantage PLUS Program	Forgivable Loan	3%, 4%, or 5% of the total first mortgage loan amount (HFA Advantage PLUS TBA, Freddie Mac first mortgage only)	Yes	View →
Florida Hometown Heroes Housing Program	Deferred Loan	Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000	Yes	View →

FHLBA Community Partners Product

Type:: Forgivable Loan
Amount:: Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:: No

FHLBA First Time Homebuyer Product

Type:: Forgivable Loan
Amount:: Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:: Yes

FHLBA Workforce Housing Plus+

Type:: Grant
Amount:: Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:: No

Florida Assist (FL Assist) Second Mortgage Program

Type:: Deferred Loan
Amount:: Up to $10,000
First-time only:: Yes

Florida HFA Preferred and Advantage PLUS Program

Type:: Forgivable Loan
Amount:: 3%, 4%, or 5% of the total first mortgage loan amount (HFA Advantage PLUS TBA, Freddie Mac first mortgage only)
First-time only:: Yes

Florida Hometown Heroes Housing Program

Type:: Deferred Loan
Amount:: Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000
First-time only:: Yes

Federal Programs

Program Name	Type	Amount	First-Time Only	Details
FHA Loans	Government-Insured Mortgage	Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)	No	View →
Good Neighbor Next Door (HUD)	Government Property Sale Program	50% discount off the list price of HUD-owned homes	Yes	View →
Home Possible Mortgage (Freddie Mac)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HomeReady Mortgage (Fannie Mae)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HUD $100 Down Program	FHA-Financed HUD REO Purchase	Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.	No	View →
USDA Rural Development Loans	Government-Guaranteed Mortgage	100% financing (no down payment required); loan amount up to appraised value	No	View →
VA Loans	Government-Guaranteed Mortgage	No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)	No	View →

FHA Loans

Type:: Government-Insured Mortgage
Amount:: Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:: No

Good Neighbor Next Door (HUD)

Type:: Government Property Sale Program
Amount:: 50% discount off the list price of HUD-owned homes
First-time only:: Yes

Home Possible Mortgage (Freddie Mac)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HomeReady Mortgage (Fannie Mae)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HUD $100 Down Program

Type:: FHA-Financed HUD REO Purchase
Amount:: Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:: No

USDA Rural Development Loans

Type:: Government-Guaranteed Mortgage
Amount:: 100% financing (no down payment required); loan amount up to appraised value
First-time only:: No

VA Loans

Type:: Government-Guaranteed Mortgage
Amount:: No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:: No

Nonprofit Programs

Program Name	Type	Amount	First-Time Only	Details
Habitat for Humanity of Greater Palm Beach County Homeownership Program	Zero-Interest Loan	Affordable mortgage with 0% interest	No	View →

Habitat for Humanity of Greater Palm Beach County Homeownership Program

Type:: Zero-Interest Loan
Amount:: Affordable mortgage with 0% interest
First-time only:: No

Free eligibility check

20 programs available in Boynton Beach. See which ones you qualify for.

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How to Apply

Step 1: Check your eligibility. The City of Boynton Beach SHIP program serves first-time homebuyers with household income at or below 140% of the Area Median Income. You must not have owned a principal residence in the past 3 years.

Step 2: Complete homebuyer education. All programs require a HUD-approved homebuyer education course. The City of Boynton Beach requires a 6-hour class with a certificate. The Community Land Trust of Palm Beach County at (561) 718-8393 and the Housing Leadership Council of Palm Beach County are approved providers.

Step 3: Get pre-approved for a first mortgage. You must obtain a pre-approval letter from an institutional first mortgage lender for a 30-year fixed rate loan before applying to the Boynton Beach SHIP program.

Step 4: Contact the City of Boynton Beach. Reach the Community Improvement Division at (561) 742-6066 to start your application. Important: For homes within Boynton Beach city limits, you must apply through the city program first before being eligible for Palm Beach County assistance.

Step 5: Find a home within Boynton Beach city limits. The property must be located within the City of Boynton Beach and must meet City minimum housing quality standards. The home will be inspected by the Community Improvement Division.

Step 6: Submit your application. Provide all required documentation including your homebuyer education certificate, pre-approval letter, and income verification. Applications are processed on a first-come, first-served basis while funding is available.

Step 7: Close on your new home. After approval, coordinate your closing. The city's assistance is recorded as a 0% interest deferred mortgage, forgiven after 15 years of owner-occupancy.

Frequently Asked Questions

How much down payment assistance can I get in Boynton Beach?+

Boynton Beach homebuyers can access exceptional assistance by combining multiple programs. The City of Boynton Beach SHIP Purchase Assistance Program offers up to $100,000 as a 0% interest forgivable loan. The Palm Beach County SHIP Purchase Assistance Program provides an additional $100,000 in forgivable loans. The new Palm Beach County Homebuyer Match Pilot Program offers up to $50,000 in grants. The Palm Beach County Housing Finance Authority provides up to $17,500 in deferred loans. At the state level, the Florida Hometown Heroes Program offers up to $35,000 and the Florida Assist Second Mortgage provides $10,000. Eligible buyers stacking programs could access over $200,000 in total assistance.

Do I have to be a first-time homebuyer to qualify?+

For the City of Boynton Beach SHIP program, yes, you must be a first-time homebuyer who has not owned a principal residence in the past 3 years. The Palm Beach County SHIP program and the Hometown Heroes Program also require first-time buyer status. However, federal programs like FHA and VA loans do not require first-time buyer status, and the Palm Beach County Housing Finance Authority program may have different eligibility criteria.

Do I have to apply to the city program before the county program?+

Yes. For homes located within Boynton Beach city limits, you must first apply through the City of Boynton Beach SHIP Purchase Assistance Program. If city funds are not available, you will need written confirmation from the city before Palm Beach County can assist you. This is an important step that should not be skipped.

What homebuyer education is required?+

The City of Boynton Beach requires completion of a 6-hour HUD-approved first-time homebuyer education class with a certificate. The Community Land Trust of Palm Beach County at (561) 718-8393 offers approved classes. Other HUD-approved housing counseling agencies in Palm Beach County also provide qualifying education courses.

How long before the loan is forgiven?+

The City of Boynton Beach SHIP assistance is a 0% interest deferred payment loan that is fully forgiven after 15 years, provided you remain in compliance (living in the home as your primary residence, maintaining the mortgage, and not selling or refinancing). If you sell, rent, or refinance before the 15-year period ends, you must repay the assistance.

What types of properties are eligible?+

The property must be located within the City of Boynton Beach city limits and must meet the City minimum housing quality standards. The home will be inspected and approved by the Community Improvement Division. You must use a 30-year fixed rate first mortgage from an institutional lender. The program covers acquisition, rehabilitation, new construction, down payment, and closing costs.