Palm Beach County Department of Housing and Economic Development hereby announces the availability of approximately $2,500,000 in the State Housing Initiatives Partnership (SHIP) Emergency Repairs Program. Funding will provide up to $50,000 to assist income eligible owner occupied residences to address emergency conditions such as roofing, electrical, plumbing, hurricane hardening (impact windows, doors, etc.) and structural repairs. NOTE: If your property is in need of substantial rehabilitation, this program will not be able to assist.
Household Size and Eligible Income Categories to be Served:
Number of Persons in Household
| Moderate Income (140%) (Less than or Equal to)
|
1
| $105,000
|
| 2 | $119,980
|
3
| $134,960
|
| 4 | $149,940
|
5
| $161,980
|
6
| $174,020
|
APPLICANT SELECTION CRITERIA: Fifty (50) applications will be available online by visiting the website at pbcgov.org/HED beginning Monday, June 17, 2024 at 8:00am. Applications will be accepted on a first submitted, first qualified, first served basis, subject to funding availability. (NOTE: Acceptance of an application and/or income certification of an applicant does not guarantee funding. Assistance is subject to funding availability and property eligibility).
PRE-APPLICATION VIRTUAL ORIENTATION: Before submitting an application, applicants may attend one of the virtual pre-application orientations listed below:
- Thursday, May 23, 2024 at 2:00 pm
- Thursday, May 30, 2024 at 4:00 pm
- Thursday, June 6, 2024 at 10:00 am
- Thursday, June 13, 2024 at 7:30 am
- Thursday, June 20, 2024 at 2:00 pm - CANCELED
ADDITIONAL INFORMATION:
- Applicants are ENCOURAGED to attend one of the Virtual Pre-Application Orientations. WebEx link information is located below
- Mortgage payments, insurance and taxes must be current/paid to date. NOTE: This program may pay one (1) year insurance premium in the event that the eligible homeowner does not have homeowners insurance
- Applicant may not currently own or have liquid assets exceeding $200,000 in liquid assets (excluding their primary residence, but including any other commercial or residential property owned)
- Funds will be awarded as a 0% interest deferred payment loan secured by a recorded mortgage and promissory note for 15 years. The loan is forgiven at the end of the 15-year term
At the time of application submittal, documents must be provided for ALL adult household members (CLICK HERE FOR REQUIRED DOCUMENTS)
For additional information, please contact:
Palm Beach County Department of Housing and Economic Development (HED)
Mortgage and Housing Investments Division
100 Australian Avenue, 5th Floor, West Palm Beach, FL 33406
Telephone: (561) 233-3600 OR Antoinette Prescott (561) 233-3606 OR Rommel Sankhi (561) 233-3693