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Are You Interested in Becoming a First Time Homebuyer in Delray Beach? You may be eligible for the Florida's Homebuyer Opportunity Program (FHOP)! For more info about the Florida Homebuyer's Opportunity Program, Purchase Assistance Application.
Completed applications and supporting documentation will be accepted on or after Monday October 5, 2009. To download an application, click here. Please contact the Neighborhood Services Division to find out all requirements prior to submitting your application.
Due to the limited availability of funds, applications will be prioritized by criteria adopted to meet program guidelines. Applicants will be selected on a first come, first qualified basis. Income limits may not exceed $75,000 for a single income tax filer ($150,000 for joint filers). Funds will be disbursed to eligible buyers in the form of a deferred, payment loan at closing. Funds shall not exceed 10% of the purchase price or $8,000 whichever is less. The loan must also be repaid to the City of Delray Beach within the earlier of 18 months or 10 days after receiving federal income tax refund.
For more information, please call 561-243-7280. |