Florida First Time Home Buyer Grants and Loan Programs





Florida first time home buyer grants and loan programs. The Florida Housing Finance Corporation has announced that $175 million is available statewide for assistance to eligible home buyers. The program includes low interest 30 year fixed rate home loans/mortgages and help with downpayments and closing costs. Qualified applicants may receive up to $25,000 in assistance in certain areas of FL.

Florida Housing also offers programs for qualified firefighters, teachers, health care workers, police officers and veterans.

Go to the Florida Housing website to learn more and see if you can qualify for these programs. Or, call Florida Housing at 1-888-447-2977 for more details.

Special Programs for Orlando Residents

The City of Orlando's Housing and Community Development Authority offers programs for first time home buyers.

The City of Orlando’s Downpayment Assistance Program is available to eligible very low, low and moderate income first time home buyers for the purchase of a new or existing home. The property must be located within the city limits of Orlando. The assistance varies based on the buyer's gross household income and may be $10,000, $20,000 or $30,000.

In addition, teachers and public safety personnel with moderate incomes may qualify for $20,000 of assistance. The home must be purchased within the city limits of Orlando but the buyers do not have to be first time home buyers. Eligible buyers must occupy the property as a principal residence for at least ten (10) years. The downpayment assistance becomes a "grant" once a certain designated period has been satisfied.