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City of Tamarac Home Rehabilitation
City of Tamarac
www.tamarac.org

Contact


Housing Division
Community Development Department 7525 NW 88th Avenue, Room 206
Tamarac Florida 33321
(954) 597-3539




(954) 597-3538

Program Overview


City of Tamarac Home Rehabilitation is a program to provide financial assistance to homeowners for rehabilitation of their homes. Property must be located in the city of Tamarac.


Who is eligible for thisTest program?


Borrowers must be very low, low, or moderate income. Funds may be used to make minor health and safety related repairs, or to bring the property in compliance with the building code.

Is thisTest program for first time buyers only? No


Property Eligibility Requirements


Property must be located in the city of Tamarac.
Allowable property types: Single-family homes, condominiums, townhomes.


Benefit Details


No-interest deferred payment second mortgage loan. Loans are forgiven after 10 years. No principal write down for the first 5 years; principal is written down at 20% per year for years 6-10. $30,000 maximum

Benefit: No-interest deferred payment loan.
Loan Term:10 years
Owner Occupancy Required:Yes
Other Program Comments:Applications and additional information regarding eligibility will be available 8/5/13. Applications will only be accepted during the open enrollment period of 8/26/13 through 9/4/13.

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