Free Money For First-Time Homebuyers In Palm Beach County

Here’s How You Get It.

 By Staff Report/BocaNewsNow.com

(Source Boca News Now.com):

      PALM BEACH COUNTY, FL (BocaNewsNow.com) (Copyright © 2023 MetroDesk Media, LLC) — If you’re looking for free money to buy your first home in Palm Beach County, you’re in luck. Palm Beach County is offering free money for exactly that purpose! Here is the official announcement from PBC, what you need to know, and what hat you need to do.

OFFICIAL ANNOUNCEMENT: Palm Beach County’s Department of Housing and Economic Development (HED) announces the availability of HOME Investments Partnership First-Time Homebuyer Program funds. Funding will provide up to $100,000 to assist income-eligible applicants with acquiring their first home (including acquisition, acquisition/rehabilitation, new construction, down payment and closing costs) that will be used as their principal place of residence.

The online application portal will open on Tuesday, October 10, 2023 at 8:00 a.m., and close on Tuesday, October 31, 2023 at 11:59 p.m., (or until 50 applications have been submitted). Applications must be submitted online, and will be processed on a first submitted, first qualified, first served basis, subject to funding availability. Eligible applicants can apply by visiting the website at https://pbcgov.com/HED. NOTE: Additional program information and required documents needed are also located on the website.

MANDATORY: Before submitting an application, ALL applicants are required to attend one of the Virtual Mandatory Orientations noted below:

• Tuesday, September 19, 2023 at 10 a.m. or Thursday, September 21, 2023 @ 2 p.m.
• Tuesday, September 26, 2023 at 10 a.m. or Thursday, September 28, 2023 @ 2 p.m.
• Tuesday, October 3, 2023 at 10 a.m. or Thursday, October 5, 2023 @ 2 p.m.
• Tuesday, October 10, 2023 at 10 a.m. or Thursday, October 12, 2023 @ 2 p.m.

The Mandatory Orientation Meeting WebEx link is:

https://pbc-gov.webex.com/pbc-gov/j.php?MTID=m0590f8a5e00bc24c0aa2ef4cef5256a8 [pbc-gov.webex.com]

(OR) Dial (904)-900-2303 to join by phone

Meeting number (access code) 2319 194 0251 – Password: QQxcQa7Bw23

For additional information, please contact:

Mortgage and Housing Investments Division at (561)233-3600

Antoinette Prescott at (561)233-3606 or via email at HEDverify@pbcgov.org