City of Coral Springs Purchase Assistance Program

Administered by: City of Coral Springs Community Development Department · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $80,000 (Forgivable Loan)

Zero-interest deferred forgivable loan forgiven after 15 years of continuous owner-occupancy. If conditions are not met, a portion of the original loan amount must be repaid.

Eligibility

  • Income limits: At or below 120% of Area Median Income (AMI) based on household size
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years and must be a resident of Coral Springs at time of application.
  • Credit score minimum: 640
  • Geographic restrictions: Property must be located within the city limits of Coral Springs, FL.
  • Homebuyer education required: Yes

How to Apply for City of Coral Springs Purchase Assistance Program

Step 1: Contact the City of Coral Springs Community Development Department at 954-344-1161 or email ncarter@coralsprings.gov. Complete a HUD-approved homebuyer education course, gather income documentation, and submit your application through the department.

Visit program website

Notes

Funded through the State Housing Initiatives Partnership (SHIP) program. Eligible property types include existing or newly constructed single-family homes within Coral Springs city limits.

Cities Where This Program Is Available