Okaloosa County - HOPE (Homeownership Opportunities through Partnership and Education)
Deferred second loan · Income limits
Down payment assistance · Okaloosa County
Buying a home in Ocean City, FL
2 county programs and 26 statewide.Ocean City has no program of its own, 2 across Okaloosa County, and 26 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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What’s local to Ocean City
No program of Ocean City’s own yet
No program run for Ocean City alone is listed. A home in Ocean City can use Okaloosa County’s programs below, plus the Florida statewide and federal ones.
The closest city that runs its own program is Fort Walton Beach, about 1 mile away. City programs usually require the home to be inside that city’s limits.
Anywhere in OkaloosaAnywhere in Okaloosa County
2 county programs2 county programs a Ocean City homebuyer can use
1 more program is for homes in Fort Walton Beach. See them 1 program in neighboring cities — for homes inside those cities, not Ocean City
- Fort Walton Beach — City of Fort Walton Beach CDBG Program
The Ocean City marketThe Ocean City housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Ocean City
- 65.9% single-familysingle-family
- 7.5% townhousetownhouse
- 5.2% 2–4 units2–4 units
- 18.3% 5+ unitscondo & apartment buildings (5+ units)
- 3.1% mobile & othermobile home & other
Condos count. All 2 of Ocean City’s local and county programs accept condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Ocean City’s homes were built
pre-19401970s2020+
56.1%
of Ocean City homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$106,700
County area median income, 4 people (HUD)HUD area median income, Okaloosa County, 4-person household (2026)
$59,039
Ocean City median household incomeMedian household income in Ocean City (Census, 2024)
29 of the 90 programs here set their income limit as a share of Okaloosa County’s area median income, adjusted for household size. See the published limits for Okaloosa County
Free help nearbyFree help near Ocean City
Free help from a HUD-approved housing counselorFree help from a HUD-approved housing counselor
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Florida and nationwide
88 statewide & federal programs26 statewide programs, plus federal options
Ocean City questions
Does Ocean City have its own down payment program?
No program run for Ocean City alone is listed. A home in Ocean City can use the 2 programs that cover Okaloosa County and the 26 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Ocean City?
All 2 of Ocean City’s local and county programs accept condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Okaloosa County?
Each program sets its own. 29 of the programs here set theirs as a share of HUD’s area median income for Okaloosa County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Ocean City?
HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.
Nearby in Okaloosa
Sources
Sources: agency sites (June–July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.