Exciting News for First-Time Homebuyers in Palm Beach County
Jennifer Kloss
Published Jun 2, 2026
The county is offering up to $100,000 in assistance for first-time homebuyers to help cover various costs like down payments, closing costs, and even the purchase of a new home.
This funding is available through the State Housing Initiatives Partnership (SHIP) and is part of the county's Purchase Assistance Program.
Here's what you need to know:
- When to Apply: The online application portal opens on May 5 at noon and closes on May 23 at 11:59 p.m., or after 100 applications have been received.
- How It Works: Applications are processed on a first-come, first-served basis. If you qualify, the financial help you receive will be in the form of a deferred loan, meaning you don’t have to pay it back right away. This loan is secured by a mortgage and a promissory note on your new home.
- Eligibility: To apply, you must already have a mortgage loan approved by a lender.
- How to Apply: You can apply through the Palm Beach County Government’s website.
Need More Information Before Applying? There will be several virtual orientation sessions that you can attend to get all the details. These sessions are scheduled for April 15, April 22, April 24, April 29, and May 1, and will be held via WebEx. More details can be found on the Housing and Economic Development (HED) website.
You can also call the Mortgage and Housing Investments Division at (561) 233-3600 or email them at HEDverify@pbc.gov for more information.
So, if you’re dreaming of owning your first home in Palm Beach County, don’t miss out on this opportunity to get financial assistance!
-
Previous article: Why Young Americans Feel They Can't Afford Homes
Weekly newsletter
Receive the latest releases and exclusive articles straight to your inbox every week.
Related Articles
View all posts
Miami-Dade Launches Down Payment Lottery for New Homes...
Buying a home in Miami-Dade County is an uphill battle, as the median listing price reached $588,700 in August 2026. To address this challenge, the Miami-Dade Economic Advocacy Trust (MDEAT) partnered with JL Brow...
Understanding Today’s Mortgage Rates and What They Mean for You...
If you are following current housing news, reading about high interest rates alongside elevated home prices might make you feel frustrated and confused. Fortunately, a small dip offers prospective buyer...
South Portland Launches New Free Home Energy Assistance Program...
South Portland has launched a new home energy initiative designed to help 50 local households lower their energy bills and make their homes more energy-efficient through free weatherization assistance. What...
Three Government Programs That Can Help You Buy a Home With Little or No Down Payment...
Buying a home in today's market is harder than ever. Home prices are near record highs, and mortgage rates have more than doubled since the pandemic. To make matters worse, wages ha...
What Veteran Benefit Can Help You With Your Housing Needs?...
Every year, thousands of veterans miss out on a government program that could save them significant money when buying a home. In 2024 alone, more than 58,000 VA home loans went unused, representing nearly $2...
New Bill Could Help First-Time Homebuyers With Up to $15,000 for Down Payments...
On June 11, members of the Senate Finance Committee brought back the Decent, Affordable, Safe Housing for All Act, also known as the DASH Act. If this bill gets approved, first-time homeb...
