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City of Boca Raton CDBG Homebuyer Assistance Program

Administered by:
City of Boca Raton Community Improvement Division
· City · Deferred Loan
Funding status: Active

How much assistance

Up to $75,000
Zero percent interest loan with a 20-year term. Loan is deferred with no monthly payments required during the term.

Eligibility

  • Income limits: Must be at or below 80% of the Area Median Income based on household size
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase an existing single-family home, townhome, villa, or condominium within the municipal limits of the City of Boca Raton.
  • Homebuyer education required: Yes

How to Apply for City of Boca Raton CDBG Homebuyer Assistance Program

Contact the City of Boca Raton Community Improvement Division at 561-393-7756 to obtain an application. Eligible applicants can receive loans up to 50% of the lender-required down payment plus closing costs assistance.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)