40 New Affordable Single Family Homes Coming to the Municipal Services District

Author:  Suzanne Weiss
Homes will be available for purchase to qualifying very-low to moderate income households through a lottery system. BROWARD COUNTY, FL - March 14, 2017: The Board of County Commissioners authorized the Housing Finance and Community Redevelopment Division of Broward County to enter into Development Agreements with ten Broward County nonprofit housing agencies, awarding four lots to each, for the purpose of constructing a total of forty new affordable single family homes in the Broward Municipal Services District. The nonprofit agencies are required to build homes with a minimum of 1,500-square-feet, three bedrooms, two-baths and a two-car garage. Agencies shall obtain permits within six months and complete construction 12 months after permitting.

The homes will be available for purchase through a lottery system to very-low to moderate-income households who qualify for first mortgage financing with an approved lender and who will use the homes as their primary residence. The County may also provide purchase assistance for qualified buyers. All new buyers are required to attend homeowner education class and meet current Housing Finance and Community Redevelopment Division underwriting criteria for the home purchase and loans.

Applications will be available starting April 3, 2017 at Housing Finance and Community Redevelopment Division or online at Broward.org/Housing/Pages/Default.aspx. The application period will be open until 12PM, May 26, 2017 and completed applications should be delivered in person to the following address:

Housing Finance and Community Redevelopment Division
110 NE Third Street, Suite 300
Fort Lauderdale, FL 33301
Office Hours: Monday - Friday, 8:30AM to 5PM, excluding holidays

For further information call: 954-357-4900.

The participating nonprofit agencies are:

  1. Broward Alliance for Neighbourhood Development (BAND)
  2. Dania Economic Development Corporation
  3. Habitat for Humanity of Broward
  4. Housing, Opportunities, Mortgage Assistance and Effective Neighbourhood Solutions, Inc. (HOMES)
  5. Housing Foundation of America
  6. Liberia Economic and Social Development
  7. Minority Builders Coalition, Inc.
  8. Neighbourhood Housing Services of South Florida, Inc.
  9. Sunrise City Community Housing Development Organization, Inc.
  10. Urban League of Broward County, Inc.

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