Here is the latest news on down payment assistance programs for Jacksonville and Orange Park FL homebuyers.
The Headstart to Home ownership or H2H as it is also called is still available for Jacksonville FL residents wanting down payment and closing cost assistance! The income limits for this program have been lifted from 80% of median household income to 120%. This means a family of 4 may earn up to $78,120 and still be eligible for assistance. The down payment assistance amount is up to15,000 with an additional $5,000 for targeted areas in Jacksonville, FL.
The FHLBank Atlanta's First-time Homebuyer Program (FHP) or "match money" program is currently available for Jacksonville FL and Orange Park FL residents! This program provides $5 for every $1 you place towards your real estate transaction up to $7,500 for moderate to low income residents.This program is available on a first come first serve basis. I don't expect it to be around much longer.
As always "Florida Bond Money" is still available as well with up to $7,500 in down payment and closing cost assistance. This program is administered by the Florida Housing Finance Corporation.
This information is meant for persons that are NOT working with a real estate sales agent at this time. If you or someone that you know is interested please don't hesitate to contact me.