First-time Homebuyer Program
Program Overview
This program provides down payment and closing cost assistance to very-low and low income first-time homebuyers. The amount of assistance varies with income level and is available on a first-come, first-qualified basis until no more funding remains under the program.
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.
Please contact City’s grant consultant, Community Revitalization Affiliates Inc., at (954) 939-3271 for up-to-date funding availability
Broward County Maximum Income Limits Per Household Size
HUD release: 4/1/2025 Effective: 4/1/2025
Household Size | Extremely Low 0%-30% | Very Low 31%-50% | Low 51%-80% | Moderate 81%-120% |
|---|---|---|---|---|
1 | 24,250 | 40,350 | 64,550 | 96,840 |
2 | 27,700 | 46,100 | 73,800 | 110,640 |
3 | 31,150 | 51.580 | 83,000 | 124,440 |
4 | 34,600 | 57,650 | 92,200 | 138,360 |
5 | 37,650 | 62,250 | 99,600 | 149,400 |
6 | 43,150 | 66,900 | 107,000 | 160,560 |
7 | 48,650 | 71,500 | 114,350 | 171,600 |
8 | 54,150 | 76,100 | 121,150 | 182,640 |
Florida Housing Finance Corporation (FHFC) income and rent limits are based upon figures provided by the United States Department of Housing and Urban Development (HUD) and are subject to change. Updated schedules will be provided when changesoccur.
Programs are administered by the City of Miramar in conjunction with the City’s consultant, Community Revitalization Affiliates, Inc.