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Florida Grants
There are many grants available in this State to assist a home buyer
purchase a home. By using these grants it makes it possible to purchase a home
with little or no money down.
Below is a list of some of the grants available, as well as contact information for each. Some are State sponsored grants. Some are sponsored on the county or municipality level.
Understand that many of these grants have limited funding, and most have income restrictions, so it is important to work with your mortgage lender and the non profit administering the grant program to ensure availability of funds.
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State Sponsored |
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Bank Sponsored Matching Funds Programs |
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Community/local Sponsored Grants |
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Seller Funded Down Payment Assistance Programs |
State Sponsored The State of Florida offers several grants to help first time home buyers, both directly through the Florida Housing Finance Corp and through the State sponsored SHIP program. Below are a links to the State’s web site:
FHFC http://www.floridahousing.org/Home/HomebuyersRenters/default.htm
SHIP http://www.floridahousing.org/Home/HousingPartners/LocalGovernments/
Bank Sponsored Matching Funds Programs
Banks that are members of the Federal Home Loan Banking system also offer IDA savings accounts. Visit the Regional Federal Home Loan Bank web site for more information.
Community/local Sponsored Grants
Alachula County State Housing Initiatives Partnership Program (SHIP) (352) 374-5249
Baker County- State Housing Initiatives Partnership (SHIP) (904) 259-3613
Bay County State Housing Initiatives Partnership Program (SHIP) (850) 234-6358
Boca Raton State Housing Initiatives Partnership Homebuyer Assistance Program (SHIP)
(561) 393-7758
Bonita Springs Area Housing Development Corporation- SHIP Down Payment / Closing Cost Assistance (SHIP)
(239) 652-7938
Bradenton Housing Assistance Program (HAP)
(941) 714-7509
Brevard County First Time Home Buyer Program
(321) 633-2075
Cape Coral Down Payment Assistance Program (DPAP)
(239) 573-1222
Citrus County SHIP Down payment Closing Costs Assistance Program (DCCAP)
(352) 527-5377
Clearwater Down Payment/Closing Cost Assistance Program (DPCCA) (727) 562-4030
Columbia County State Housing Initiatives Partnership Program (SHIP) (386) 362-4115
Deltona SHIP Purchase Assistance Program
(386) 561-2200
DeSoto County State Housing Initiative Program (SHIP)
(863) 993-4858
Escambia County- SHIP Affordable Housing Initiative Program New Construction (AHIP)
(850) 458-0464
Flagler County State Housing Initiatives Partnership Program (SHIP) (386) 437-7484
Gainesville Central Florida Community Action Agency, Inc. HOME Purchase Deferred Grant Assistance Program (HOME)
(352) 373-7667
Gainesville Neighborhood Housing & Development Corporation (NHDC) HOME Subsidy Program (HSP)
(352) 380-9112
Gainesville SHIP Down payment Assistance Program (SHIP)
(352) 334-5026
Hardee County, State Housing Initiatives Partnership Home Ownership Assistance Program (SHIP)
(863) 773-6349
Hendry County State Housing Initiative Partnership Program (SHIP) (863) 675-5297
Hernando County SHIP Down Payment Assistance Program (DPAP) (352) 754-4160
Hillsborough County Heritage Housing Inc First Time Homebuyer Program (FTHP)
(813) 961-5990
Hillsborough County Housing & Education Alliance First Time Homebuyers Program
(813) 744-5557
Hillsborough County Tampa Bay CDC Assistance Program (AP)
(813) 744-5557
Lakeland Keystone Challenge Fund Inc State Housing Initiatives Partnership Program (SHIP)
(863) 682-1025
Lee County SHIP Down Payment/Closing Cost Assistance
(239) 652-7938
Levy County SHIP Purchase Assistance (SHIP)
(352) 486-5268
Manatee County Infill Assistance Program
(941) 749-3030
Manatee County SHIP Down Payment & Closing Cost Assistance Program (DAP) (941) 749-3030
Melbourne Purchase Assistance Program (PAP) (321) 253-0053
Monroe County First Time Homebuyer Program (SHIP) (305) 292-1221
Multi County Autographed Book Give-Away for Inner City Youth Inc Affordable Housing Program
(407) 426-8597
Multi County Clearwater Neighborhood Housing Services, Inc. Down Payment Assistance Program (DPAP)
(727) 442-4155
Okaloosa County Okaloosa Community Development Corporation Down Payment/Closing Cost Assistance Program
(850) 651-7376
Okeechobee County State Housing Initiatives Partnership Program (SHIP)
(863) 763-6731
Orange County Down Payment Assistance Program (DPAP)
(407) 836-4240
Orlando Down payment Assistance Program (DAP)
(407) 246-2708
Osceola County State Housing Initiatives Partnership Housing Assistance Program (SHIP)
(407) 343-3105
Palm Bay Down Payment Assistance Program (DPAP)
(321) 409-8181
Palm Beach County Hardship "B" Second Mortgage Subsidy Program (SMS)
(561) 233-3650
Pasco County Homebuyer Assistance Program (HAP)
(813) 847-8970
Pinellas CountyTampa Bay Community Development Corporation Homeownership Assistance Program (HAP)
(727) 442-7075
Polk County Keystone Challenge Fund Inc State Housing Initiatives Partnership Program (SHIP)
(863) 682-1025
Santa Rosa County SHIP Deferred Program Loan
(850) 595-8910
Sarasota County Down Payment Assistance Program (DPAP)
(941) 951-3640
St. Cloud Deer Creek Subdivision Affordable Housing Program (AHP) (850) 488-4197
St. Cloud Deer Creek Subdivision HOME Ownership Program (HOME) (850) 488-4197
St. Petersburg Hope VI Program (HVI)
(727) 893-7615
St. Petersburg W.I.N Homebuyers Down payment & Closing Cost Assistance Program (WIN)
(727) 893-7247
Tampa Deferred Payment Loan (DPL)
(813) 274-7977
Union County Suwannee River Economic Council Inc SHIP Program (SHIP)
(386) 362-4115
Volusia County State Housing Initiatives Partnership Down Payment Assistance Program (SHIP)
(386) 736-5955
Winterhaven Keystone Challenge Fund Inc State Housing Initiatives Partnership Program (SHIP)
(863) 682-1025
Seller Funded Down Payment Assistance Programs
There are several non profit organizations that allow a seller to “donate” funds to them at closing, which is then given to the buyer as a down payment assistance grant. Presently, the federal government is reviewing these programs to determine whether this practice is an acceptable lending practice. By using one of these programs it is possible to purchase a home with little or no money. The seller needs to be a motivated seller, and the home needs to be priced correctly. Usually the sales price is inflated to cover the “donation”. The home must be able to appraise at the inflated price. These programs are initiated by the lender, so it is important to work with a local lender before you start looking for a home. The lender will also know how present legislation is affecting the program. The two most commonly used programs are The American Dream DAP and The Nehemiah DAP. Below are links to their web site.
American Dream: http://www.americandreamdownpaymentassistance.com/dpa_app.cfm
Nehemiah Corp:
http://www.nehemiahcorp.org/
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