Welcome to the Housing Finance Authority
of Palm Beach County
The Housing Finance Authority (the "Authority") was created by the Board of County Commissioners of Palm Beach County to help alleviate a shortage of housing at prices and rentals that many persons and families can afford. The Authority is a dependent special district of Palm Beach County, and the seven members of the Housing Finance Authority are appointed by the Board of County Commissioners. It is a totally self-supporting entity and receives no federal, state or local funding of any kind.
The Housing Finance Authority has moved! Housing Finance Authority of Palm Beach
County (561) 233-3656 |
Through the issuance of tax-exempt housing revenue bonds the Authority makes available 30-year fixed rate mortgage loans at below conventional market rates to persons of moderate, middle and lower incomes for the purchase of newly constructed or existing homes. Funding for more than $525,000,000 of mortgage loans for single family home purchases has been made since the inception of the first program in 1980. These single family bond programs are made available periodically through participating banks and mortgage companies with oversight of a program administrator. There are loan eligibility requirements for borrowers as well as maximum household income and home purchase price limits. The details and availability of any current single family program can be viewed from the Homebuyers' and Renters' page.
There are other housing assistance programs for individuals and families offered through the Palm Beach County Housing and Community Development and Community Services departments. Rental assistance vouchers are administered through entitlement city housing authorities and the Palm Beach County Housing Authority. For a list of public housing authorities, go to the Homebuyers' and Renters' page.
The Authority also issues tax exempt bonds for the development or acquisition and rehabilitation of multifamily rental housing complexes. Owners of such facilities are required to set aside a portion of the units for lower income persons and families. A list of these communities and their addresses can be viewed here.
A list of the outstanding bond issues of the Authority can be viewed from the Meetings and Notices page where you will also find contact information for the respective bond trustee and registrar.
The Department of Housing and Urban Development sponsors housing counseling agencies throughout the country that can provide advice on buying a home, renting, defaults, foreclosures, credit issues, and reverse mortgages. Here is a link to HUD's page of approved housing counseling agencies in Florida.