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Down Payment Assistance

First Time Homebuyer/Down Payment Assistance Program

2018 Open Enrollment

March 26, 2018 - April 6, 2018

 

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STEP 1

                   Homebuyer Workshop:  
 
Tamarac Community Center - 8601 W Commercial Blvd.
February 20, 2018 @ 6:00pm - 8:00pm


RSVP no later than February 13, 2018 to
 


STEP 2

 OPEN ENROLLMENT WINDOW:    March 26, 2018 - April 6, 2018

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Application forms will be available once the Open Enrollment period opens. 


The purpose of the Down Payment Assistance Program is to assist with the purchase of a home to be used as your primary residence (Maximum Award of $40,000).  Funds may be used to assist with closing costs and lower your first mortgage loan amount.  A lottery system will be used pulling names from the applications submitted during Open Enrollment.  Each applicant pulled during the lottery will have their application reviewed for eligibility to assure that they meet program criteria.  Once approved, eligible applicants will be given 45 days to secure a contract on a home.  Applicants must be able to qualify for a first mortgage from a lender.

2017
Household
Maximum Income

 Household Size

 80% AMI

 120% AMI

1 $42,700.00   $ 64,080.00
2 $48,800.00  $ 73,200.00
3 $54,900.00   $ 82,320.00
4 $60,950.00  $ 91,440.00
5 $65,850.00  $ 98,760.00
6 $70,750.00  $106,080.00
7 $75,600.00  $113,400.00
8 $80,500.00  $120,720.00


For More Information contact the Housing Division:
Main Number:    (954) 597-3549
Fax Number:      (954) 597-3544

To be notified for future Open Enrollment dates, please utilize the "Notify Me" feature on the home page and register the topics you would like to receive notices on.

It is unlawful to discriminate on the basis of race, creed, color, religion, age, sex, familial status, national origin, or disability. If you feel you have been discriminated against, contact the City's contracted Fair Housing agency: 
HOPE, Inc.
Discrimination Helpline!
Dade: (305) 651-HOPE (4673)
Broward: (954) 567-0545