Palm Beach Down Payment Assistance

Palm Beach County runs several programs worth up to $100,000 each for first-time buyers, plus the statewide Florida programs.

Written by Renzo Johnson, Licensed Mortgage Loan Originator · Sourced from Palm Beach County and Florida Housing · Last updated: June 2026

Palm Beach is a higher-cost county (loan limits above the Florida floor) with unusually deep local assistance, which you can layer with the statewide programs.

Palm Beach County local assistance

Program Maximum assistance Notes
SHIP Purchase Assistance Up to $100,000 Up to 140% AMI; 30-year 0% deferred second mortgage
HOME Investment Partnerships Up to $100,000 Federally funded purchase assistance
Homebuyer Match Pilot (new 2026) Up to $50,000 First-come pilot; limited initial funding
City of West Palm Beach Up to $100,000 Within West Palm Beach city limits

Each is a deferred 0% second mortgage with no monthly payment. Funds are limited and awarded by cycle.

Statewide programs you can also use in Palm Beach County

  • Hometown Heroes: up to $35,000 for full-time workers in 50+ eligible occupations
  • Florida Assist: up to $10,000, 0% deferred second mortgage
  • HFA Preferred: conventional loan with reduced mortgage insurance plus assistance
  • Mortgage Credit Certificate: up to $2,000/year federal tax credit

See the full breakdown on our Florida down payment assistance guide and the 2026 Palm Beach County loan limits.

How to get started

Start with a HUD-approved homebuyer education course and get pre-qualified with a participating lender. Request a free eligibility check and we’ll map the Palm Beach County and statewide programs you qualify for.

Sources: Palm Beach County Department of Housing and Economic Sustainability, the City of West Palm Beach, and the Florida Housing Finance Corporation, 2026. Local funding is limited and allocated each cycle; verify current terms with the administering office.