The City of Margate’s Home Investment Partnerships (HOME) homebuyer purchase assistance program is now open for eligible first-time homebuyers. The HOME purchase assistance program provides homebuyers (with gross household income certified below 80% of the Area Median Income) with a deferred payment loan of up to $40,000, to be applied towards the purchase of a single-family home, townhome, villa or condo located within the City of Margate. The property must be used for owner occupants only. Please be advised that the purchase assistance program is available on a First Come, First Qualified, First Served basis.
Broward County is administering this program on behalf of the City of Margate. For additional information, contact the Broward County Housing Finance and Community Redevelopment Division at (954) 357-4900.