First Time Home Buyers in Florida? You Can Get Help.

Affordable Housing Programs for First-Time Homebuyers in Florida

1. Down Payment Assistance Programs:

  • Florida Assist Loan Program: Offers a 0% interest second mortgage as down payment assistance. Repayment is required when you pay off your primary mortgage or move.
  • HFA Preferred PLUS Grant: Provides a non-repayable grant of up to 3% of the home purchase price for FHA Preferred PLUS loans.

2. USDA Mortgage Program:

  • Designed for low-income residents, offering a zero-down mortgage. Specific financial requirements and the home must be in a rural area.

3. FHA Preferred Conventional Loan Programs:

4. Mortgage Credit Certificate Program:

  • Offers an Annual Federal Tax credit of up to $2,000 for every year of mortgage interest payments.

5. Veterans & Military Programs:

  • Florida First & Military Heroes Program: Provides reduced-interest-rate loans for military personnel.
  • VA-Backed Loan: Offers benefits such as lower down payments, better rates, and lower closing costs.

County-Specific First-Time Homebuyer Programs in Florida

1. Alachua County:

2. Brevard County:

  • Brevard County offers a $2,500 grant for down payment assistance through Housing and Human Services.

3. Broward County:

4. Calhoun County:

5. Charlotte County:

6. Citrus County:

7. Collier County:

8. Duval County:

9. Hernando County:

10. Highlands County:

11. Hillsborough County:

12. Indian River County:

13. Lake County:

14. Lee County:

15. Leon County:

16. Manatee County:

17. Marion County:

18. Miami-Dade County:

  • Multiple agencies offer down payment assistance grants for homebuyers in the Miami area.

19. Monroe County:

  • Monroe County offers grants to save on down payment and closing costs.

20. Orange County:

21. Osceola County:

22. Palm Beach County:

23. Pasco County:

24. Pinellas County:

25. Sarasota County:

26. Seminole County:

27. St. Lucie County:

28. Sumter County:

29. Volusia County:

30. Mid-Florida Housing Partnership:

These programs aim to make homeownership more accessible for low-income individuals, providing various forms of financial aid and support throughout the homebuying process. Eligibility criteria and available assistance may vary by location.

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