The Real Deal Miami

Lauderhill offers $20K to some home buyers

March 04, 2009 05:34PM

Lauderhill has about $466,000 in federal housing funds available for
low-income potential home buyers. Of the more than 500 applicants who
have applied for funding already, most have had bad credit histories
and only 13 have qualified for mortgages. The city still hopes to
offer eight to 10 more applicants $20K to buy new townhouses in the
Georgetown Homes subdivision north of Sunrise Boulevard. Prices in the
subdivision range from $164,900 to $199,900.