Homebuyers' and Renters' Page


The Housing Finance Authority of Palm Beach County makes available to qualified first time homebuyers through participating lending institutions the following two programs to make the purchase of a home more affordable. You must reside in the home as your principle residence. There are certain maximum income and house price limitations that apply to these programs. These programs are offered directly through participating lending institutions. A brief summary of these programs and a list of the lenders can be viewed at the My First Florida Home website.

  1. The single family homebuyers program offers two products that provide a 30-year fixed rate mortgage with down payment and closing cost assistance. Borrowers must meet current FHA/VA/RD credit underwriting requirements as well as the minimum credit score of the participating lender. The "Own a Home Opportunity Program" offers a soft second mortgage loan of up to $10,000 at 0% interest due upon sale, refinancing, or in 30 years. The "Own a Home Opportunity Grant Program" offers a non-repayable assistance grant and does not have a first-time buyer requirement.

  2. The Mortgage Credit Certificate allows first time homebuyers to claim a federal income tax credit for 50% of the annual mortgage interest paid up to a maximum of $2,000 per year. The MCC Program may be combined with either of the single family loan products above.


  1. The following are rental housing complexes financed through the Housing Finance Authority of Palm Beach County and are required to set aside a certain percentage of units for persons and families with incomes below 60% of the county median income: List of Multi-family Projects.

  2. Other home owner / renter assistance can be found at Palm Beach County Department of Housing and Economic Sustainability.

  3. Other rental assistance programs, such as Section 8, are available through the various public Housing Authorities throughout Palm Beach County.