Orange County Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $70,000 (very low income), $40,000 (low income), or $10,000 (moderate income) (Deferred Loan)
10-year deferred payment loan that is gradually forgiven as long as the homeowner continues to occupy the home as primary residence.
Eligibility
- Income limits: Must be income eligible. Amount tiered by income level: very low income receives up to $70,000, low income up to $40,000, moderate income up to $10,000.
- Purchase price limit: $345,000
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Geographic restrictions: Home must be located in Orange County, Florida. Applicant must have lived in Orange, Osceola, Lake, Polk, Brevard, Seminole, or Volusia County for at least 12 months.
- Homebuyer education required: Yes
How to Apply for Orange County Down Payment Assistance Program
Step 1: Complete a pre-purchase homebuyer education program. Secure a first mortgage. Contact Orange County Housing and Community Development Division at (407) 836-5150 or housing@ocfl.net. Address: 525 East South Street, Orlando, FL 32801.
Notes
Eligible properties include single-family homes, townhouses, condominiums, and modular homes.