Palm Beach Homebuyer Grants

OPPORTUNITY GRANT - Qualified buyers will receive a 30-year fixed rate first mortgage from a participating lender.  Eligible loan products include FHA, VA, RD and Freddie Mac HFA Advantage Conventional.

DOWN PAYMENT ASSISTANCE – 3% grant of the Sale Price amount. Must be used for down payment and closing cost assistance. This grant is never repaid.

MAXIMUM INCOME LIMIT – Must include the income of the borrower only.

MAXIMUM SALES PRICE LIMIT – Must include everything paid by the borrower or on the borrower(s) behalf: $317,646


  1. Buyers are NOT required to be first time buyers.

  2. Buyers and their spouses must be able to permanently reside in the US.

  3. Buyers must live in the property they purchase as their principal residence.

  4. All applicants must be considered irrespective of age, race, color, religion, national origin, sex, marital status, military status or physical handicap.

  5. Buyers must occupy the property purchased within 60 days of closing.

  6. Buyers must qualify using the Own a Home Opportunity Grant requirements.

  7. Buyers must credit qualify for the Own a Home Opportunity Grant first mortgage.