Those looking for a hefty check and warmer weather may have the perfect opportunity to make their dreams come true.
Potential home buyers in Palm Beach County, Florida can receive financing of up to $100,000 toward the purchase of their first home.
With the real estate market booming, purchasing a new home can be expensive and time-consuming.
Palm Beach hopes to attract more homeowners by simplifying the process.
“Funding will provide up to $100,000 to help income-eligible applicants purchase their first home,” the Palm Beach County Department of Housing and Economic Development announced.
This special offer covers everything from acquisition and renovation to new construction and closing costs.
To be eligible, the home must be the buyer’s primary residence.
Applicants must also attend a mandatory virtual orientation to be eligible.
The application period begins on October 10, 2023 and ends on Tuesday, October 31, 2023, or until 50 applications have been received.
They will be considered on a first-submitted, first-qualified, first-served basis and subject to the availability of funding.
Interested applicants should visit the Palm Beach County website for more information and required documentation.
Between numerous golf courses and sandy beaches, there are plenty of outdoor activities for Palm Beach residents.
The average daily temperature in the winter in Palm Beach County is 74 degrees and in the summer it is 89 degrees, making it a wonderful warm weather escape.
In 2018, Palm Beach County had a population of 1.49 million, making it the third largest county in Florida after Miami-Dade and Broward.
South Florida is known to be a tourist hotspot, but with this unique opportunity, some lucky applicants could become full-time residents.