The City of Hollywood extended an existing agreement with Broward County for the administration of the Home Buyer Purchase Assistance Program. Funding will assist eligible first-time homebuyers with a deferred-payment, Conditional Grant up to $50,000.00 to be applied toward the cost of purchasing existing or newly-constructed, eligible affordable housing located in the City. Eligible costs shall include direct purchase assistance, down payment, closing costs, mortgage principal reduction, interest rate buy-down, and other such costs which are considered eligible. Funds are available on a first come, first qualified, first served basis.
For more information regarding the program, visit the Broward Housing Finance and Community Redevelopment Division at https://www.broward.org/Housing/pages/homebuyer.aspx