Apalachee Regional Planning Council SHIP Multi-County Program
Apalachee Regional Planning Council SHIP Multi-County Program is a deferred second loan for homebuyers in Florida.
The program asks for
- First-time homebuyer — the program sets its own definition
- The home is occupied as a primary residence
- A minimum 620 credit score
- A completed homebuyer education course
- A home in Florida
It doesn’t cover
- Households above 120% of area median income
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
Income limit
120% of the area median income where the home is
HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.
Where it applies
Florida’s homesFlorida’s homes, and the ones this program accepts
- 54.7% single-familysingle-family
- 6.7% townhousetownhouse
- 5.9% 2–4 units2–4 units
- 24.5% 5+ unitscondo & apartment buildings (5+ units)
- 8.2% mobile & othermobile home & other
A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.
$359,000
Florida median home value
34%
built before 1980
U.S. Census Bureau, ACS 2024 5-year.
How to apply
How to applyThree steps, in this order
Take a homebuyer education course
Required by the program before funds are reserved.
Contact the administering agency to reserve funds
Funds are reserved with the provider and are subject to availability.
Work with a lender who handles the program
Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
Questions about this program
What is Apalachee Regional Planning Council SHIP Multi-County Program?
Apalachee Regional Planning Council SHIP Multi-County Program is a deferred second loan for homebuyers in Florida. ARPC administers SHIP programs for Gulf, Franklin, Liberty, Calhoun, and Jackson counties in the Florida Panhandle. Single point of contact for all five counties. Apply via portal.neighborlysoftware.com/ARPC/Participant. Funding comes from State.
Do you have to pay it back?
Apalachee Regional Planning Council SHIP Multi-County Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Sale, Refinance, and Transfer of Title. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.
Who qualifies?
Apalachee Regional Planning Council SHIP Multi-County Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. The program lists a minimum credit score of 620. A homebuyer education course is required.
What are the income limits?
Apalachee Regional Planning Council SHIP Multi-County Program limits household income to 120% of the area median income, which varies by county and household size. Income up to 120% AMI for respective county. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.
What kind of home can it be used for?
Apalachee Regional Planning Council SHIP Multi-County Program can be used for Single Family, Condo, and Townhouse.
Where does it apply?
Apalachee Regional Planning Council SHIP Multi-County Program serves homebuyers purchasing anywhere in Florida.
How do you apply?
Applications for Apalachee Regional Planning Council SHIP Multi-County Program go through the administering agency, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
Also for Florida homebuyersOther programs open to Florida homebuyers
- Florida Hometown HeroesUp to $35,000
- Salute Our Soldiers Military Loan ProgramUp to $35,000
- Florida Assist (FL Assist)Up to $10,000
Whether two programs can be combined is up to each agency. Ask before you apply.
All 88 programs for FloridaProgram terms are set by the administering agency and can change; confirm on the official site before you apply.