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The original item was published from 5/23/2021 5:05:50 PM to 6/12/2021 12:00:01 AM.

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In The News

Posted on: April 1, 2021

[ARCHIVED] First Time Homebuyers Assistance

FIRST TIME HOMEBUYERS ASSISTANCE web

The City of Pembroke Pines Planning and Economic Development Department is responsible for coordinating the City's housing programs available through state and federal funds administered by the city's Housing Consultant Community Redevelopment Associates of Florida, Inc. (CRAFLA).  Funds are provided on a first come, first qualified, first serve basis. All applicants must agree to occupy the home as their primary residence; have not owned a home in the last three years; must have financial ability to secure a mortgage loan with a lending institution; and must not exceed a purchase price of $276,000. 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.  Attendance within the past 12 months at a Pembroke Pines approved pre-purchase homeownership counseling course.  Funding may vary on an annual basis.

Applications can be downloaded at www.crafla.com.  Call 954-431-7866 ext 110.  Email WFerret@crafla.org.

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