City of Fort Lauderdale Purchase Assistance Program

Special Alert

Maximum Purchase Price


Contact Info:

914 NW 6th Street, Suite 103, Fort Lauderdale, FL 33311 954-828-4513


Credit Score Requirements

Based on 1st mortgage requirements.

Deferred Payments?

Yes, for 15 years

Accepted First Mortgage Type:

Freddie Mac, Freddie Mac HFA Advantage, Freddie Mac Home Possible, Fannie Mae, Fannie Mae HFA Preferred, Fannie Mae HomeReady, FHA 203(b), VA

Homeowners Education Class:


Is Forgivable?

Forgiven if all conditions are met for the 15 year term


Fort Lauderdale Property must be located within the limits of the City of Fort Lauderdale.

Income Limitations:

Yes, based on Compliance Income (including household income) Income limits from HUD 2023 80% AMI guidelines Households total income must be at or below 80% of the Broward County median income, adjusted for household size, as established by the U.S.Department of Housing and Urban Development (HUD).

Maximum Assistance

$75,000 Up to $75,000 in assistance towards down payment, closing cost and/or principal reduction.

Education Requirements Info:

HUD-Certified Housing Counseling/Intake Agencies: The non-profit agency is responsible for explaining and assisting the applicant through the process, from application to closing. The non-profit agency will act as advocate and advisor throughout the entire process, also act as the liaison between the applicant, the lender, the title company, and the City. The City currently works with three (3) non-profit agencies that provide these services to the client: •Housing Foundation of America (954) 923-5001 hfamarilyn@gmail.com •Oasis of HOPE CDC (954)586-1283 http://www.oasiscdc.org •Debt Management Credit Counseling 1-866-724-3328 enith@dmcconline.org

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

HH1HH2HH3HH4HH5HH6HH7HH8 $53,800$61,450$69,150$76,600$82,950$89,100$95,250$101,400 *Income limits as of 06/07/2023

Qualifying Ratios:

Housing Ratio: Between 25% and 35% Total DTI: Between 35% and 45% Debt To Income Ratios: Minimums: Front End = 25%; Back End = 35%; Maximums: Front End = 35%; Back End = 45%. No exceptions will be made the City’s program requirement.
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