Program Details

Show All Programs

Number in household:
For first time buyers only?:
Annual Income:

Area(s) selected:
Program(s) selected:

 


City of Pembroke Pines - Neighborhood Stabilization Program (NSP3)

Contact


Community Redevelopment Associates of Florida, Inc (CRA)
8569 Pines Boulevard Suite 201
Pembroke Pines Florida 33024
954-431-7866






Program Overview


City of Pembroke Pines - Neighborhood Stabilization Program (NSP3) is a program that provides purchase and repair assistance for low to middle-income households for the purchase of foreclosed and vacant properties in Pembroke Pines to occupy as their primary residence. Maximum assistance for home purchase is up to $50,000. City of Pembroke Pines


Who is eligible for thisTest program?


All applicants must be pre-approved by a lender on the city’s registered lenders’ list before an application will be accepted. Applicant does not have to be a first time home buyer but cannot own any other residential real estate at the time of completing this application and prior to receiving any assistance from the City. Low Income with 50% AMI or Lower will receive up to $50,000. Moderate Income with 51% AMI to 80% AMI will receive up to $40,000 and Middle Income with 81% AMI to 120% AMI will receive up to $30,000.

Household Income Limit: $ 107850
Is thisTest program for first time buyers only? No


Property Eligibility Requirements


Property must be located in a designated NSP area in the City of Pembroke Pines.
The sales price cannot exceed $ 250,000.
Allowable property types: Single-family detached homes, condos, townhomes, and villas


Benefit Details




Benefit: Assistance is in the form of 0% interest deferred second loan that reverts to a grant if all program conditions are met.
Loan Term:0% years
Owner Occupancy Required:0

Would you like to know more about thisTest program?
Click here to go to the provider's web site

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on thisTest site. Some inaccuracies may exist. If you believe thisTest information is not current, .



For more information about thisTest and other homebuyer programs please contact one of our specialists.

Find a Housing Opportunities Specialist

View participating lenders



Home      Program Search      Home Buying Process      Consumer Issues      Education      About MHP

This site is sponsored by the MIAMI Association of REALTOR®
Copyright © 2012 Kansas City Regional Association of REALTORS®