City of Deerfield Beach First-Time Homebuyer Purchase Assistance Program

Administered by: City of Deerfield Beach Housing and Grants Division · City · Deferred Loan

Funding status: Active

How much assistance

Up to $70,000 (Deferred Loan)

0% interest deferred second loan that reverts to a grant if all program conditions are met, including maintaining the home as a primary residence for the required affordability period.

Eligibility

  • Income limits: Low-to-moderate income (at or below 80% AMI)
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Geographic restrictions: Must purchase a home within the City of Deerfield Beach.
  • Homebuyer education required: Yes

How to Apply for City of Deerfield Beach First-Time Homebuyer Purchase Assistance Program

Step 1: Applications are available online through the City of Deerfield Beach Housing and Grants Division. The program is available on a first-come, first-qualified basis, and funds are available until exhausted. Contact the Housing and Grants Division at 954-250-4253 for more information.

Visit program website

Notes

Funded through CDBG, SHIP, and HOME entitlement grants. Eligible costs include down payment, closing costs, mortgage buy-down, and other purchase-related costs. Eligible housing includes single-family homes, townhomes, condominiums, eligible manufactured homes, PUDs, and villas.

Cities Where This Program Is Available