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City of Boca Raton SHIP Purchase Assistance Program

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

How much assistance

Up to $190,000
Zero percent interest deferred forgivable loan conditioned on living and remaining in the home for up to 20 years.

Eligibility

  • Income limits: Qualified households with very low, low, moderate incomes and 121%-140% of AMI depending on strategy
  • First-time buyer required: Yes — Must be a first-time homebuyer who has not owned a home in the past 3 years.
  • Geographic restrictions: Must purchase a property within Boca Raton municipal city limits.
  • Homebuyer education required: Yes

How to Apply for City of Boca Raton SHIP Purchase Assistance Program

Applications can be obtained by calling the City of Boca Raton Community Improvement Division at 561-393-7756. Applications are accepted and processed on an ongoing basis pending availability of funding. Submit a complete application with all required documentation including proof of income, identification, and first mortgage pre-approval.

Learn More About Homebuying Assistance

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