Owner Occupied Housing Rehabilitation Program
NOTICE OF FUNDING AVAILABILITY
Palm Beach County's Department of Housing and Economic Development (HED) hereby announces the availability of $2,500,000 in State Housing Initiatives Partnership (SHIP) funds for the Owner Occupied Housing Rehabilitation Program assistance (Phase II).
Funding will provide up to $100,000 to assist income eligible homeowners with substantial rehabilitation to correct code violations, items that will become a code violation, hurricane hardening (impact windows, doors, etc.), eliminate housing conditions that threaten the life, health or safety of occupants, connect residents to public utilities, and adapt residences to meet accessibility. NOTE: If there is “unpermitted work" on the property, the property may be ineligible to receive assistance.
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: The online application portal is PROPOSED to open on Monday, February 3, 2025 at 12:00 pm, and close on Friday, February 21, 2025 at 11:59pm (or until 35 applications have been submitted). (Please contact our office on Friday, January 31, 2025 to confirm the application opening date.) Applications must be submitted online and will be processed 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).
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 (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
- Assessed Value of the property may not exceed $382,194
PRE-APPLICATION VIRTUAL ORIENTATION: Before submitting an application, applicants may attend one of the Virtual Pre-Application Orientations listed below:
- Thursday, January 9, 2025 at 10:00 am
- Tuesday, January 14, 2025 at 12:00 pm
- Thursday, January 23, 2025 at 4:00 pm
- Thursday, January 30, 2025 at 2:00 pm
The Virtual Pre-Application Orientation Meeting WebEx link is:
Meeting number (access code) 2300 322 6478 – Password: feNyRngA378
OR) Dial (904)-900-2303 to join by phone
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 Receptionist or Antoinette Prescott (561) 233-3606 or Rommel Sankhi (561) 233
3693