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The Purchase Assistance Program provides income-eligible first-time homebuyers with down payment and closing cost assistance to purchase a residential property in the City of Deerfield Beach. Assistance is in the form of a 0% interest deferred second loan that reverts to a grant if all program conditions are met. Search for counseling agencies, learn about predatory lending, and research other potential homebuyer assistance programs with theHUD-Approved Housing Counseling Agencies in California for Homebuyer Educationlist.
The City of Deerfield Beach is committed to supporting organizations that contribute to the public welfare of its community. The Community Participation Grant program was established to provide financial resources to local non-profit organizations that assist the City in serving a public purpose. Attendance within the past 12 months at a Pembroke Pines approved pre-purchase homeownership counseling course. Assistance is in the form of a 15 year, 0% interest deferred second loan that reverts to a grant if all program conditions are met.
Frequently Asked Questions - Applicants
Please be aware you are about to leave the City of Pompano Beach website and enter another site operated by a third party. These links are provided for your convenience and reference only. The City of Pompano Beach does not control such sites, and is not responsible for their content or the products and services offered therein. The City of Pompano Beach does not endorse and is not responsible for the content, products, or services available on other sites. Yes, assistance will be only given to properties located in the City of Deerfield Beach.
Home Preservation & Prevention CARES is a Housing and Urban Development approved housing counseling agency based in Long Beach. HPP CARES provide financial education on a range of topics from first home-buying and preventing foreclosure (mortgage relief & forbearance options), to the sound use of credit and effective debt management. The U.S. Department of Housing and Urban Development offers a variety of resources on fair housing issues, lists for lenders and real estate brokers, and homebuyer education information. Approximately 100 households will receive up to $20,000 in down payment and closing cost assistance. The path to home ownership begins with an assessment of client eligibility and credit through one of the Homebuyer Education and Housing Counseling Partners listed herein or Other Viable Entity as determined by the City including lending institutions. These organizations help clients identify “their” barriers to becoming a homeowner and assist to overcome those challenges in addition to helping obtain the required homeowner education and housing counseling certificates.
Homebuyer Programs & Resources
Have household income that falls in the category of very low, low, and moderate-income in accordance with the Department of Housing & Urban Development income guidelines. Funding is limited and will be awarded on a first-come, first-qualified basis. Eligible properties include single-family detached homes, condominiums, townhomes, and villas. Must have financial ability to secure a mortgage loan with a lending institution.
An heir or heirs, provided they are income and otherwise eligible per HUD guidelines, may assume the property agreements. If no eligible heir or heirs is identified, the City has the right to seek recovery of the funds invested and may employ foreclosure. If working with a partner, the Client and the Partner should submit complete application packet to the City to request DPA to purchase your selected property. The city will determine if the purchase meets program guidelines.
Housing & Neighborhood Services
The Homebuyer Assistance Program takes about six weeks, provided there are no external delays. Please note that the six weeks is measured from the time the applicant submits a complete application. Individuals may also qualify for down payment assistance or, if a veteran seeking a VA loan, a closing cost assistance grant. To see if you qualify for a Virginia Housing program, click here. The homebuyer education counselors will be available to assist program participants throughout the home buying process.

Realtors and other professionals interested in learning more about the Homebuyer Assistance Program or helping residents to take advantage of this program can sign up for our email list at the link below. Signing up will let us know of your interest and help us keep you up to date on any upcoming events or announcements. Our assistance is a no-interest, forgivable loan secured by a lien. The loan is fulfilled if the buyer lives in the home for five years.
The California Housing Finance Agency supports the needs of renters and homebuyers by providing financing and programs that create safe, decent, and affordable housing opportunities for low to moderate income California residents. CalHFA is a self-supporting State agency that relies on revenues generated through mortgage loans rather than taxpayer dollars. The City does not currently offer any first-time homebuyer assistance loans, but there are a variety of assistance providers and programs to help you prepare for homeownership. There are a number of homebuyer loan programs available through the California Housing Finance Agency .

The Homebuyer Assistance Program requires that an applicant has a back-end ratio less than 45%. Obtain a homebuyer education class certificate through a HUD-Approved Agency. Applicants are required to work with one of the approved lenders on the list to be eligible. Read all of the information above about the program you are applying for. Make sure you understand all of the program eligibility requirements, including income and asset limits. This program provides eligible home buyers with a grant towards a down payment.
The maximum award amount is based on need, not to exceed income category limits as included in the application. Available funding is very limited, and state set-aside requirements apply. They can advise about properties that reasonably meets your income and debt characteristics.
Program participants are encouraged to take advantage of this resource. If the homeowner fail to comply with any of the property restrictions above or requirements in the written binding agreements for the ENTIRE affordability period the FULL amount of City assistance is due and payable in full including any lot contribution. Selected properties must be located in the unincorporated area of Palm Beach County. If the property is located in the incorporated areas of Boca Raton, Delray Beach, Boynton Beach, and West Palm Beach, applicants will be required to apply for assistance through the city where the property is located. To qualify for the program, applicants’ household income must fall in the category of very low, low, and moderate-income in accordance with the Department of Housing & Urban Development income guidelines.
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