hey prescott.
See what you qualify for
City programForgivable

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP)

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) is a forgivable loan for homebuyers in Daytona Beach, Florida.

Last verified
Check if this fits me Official program site ↗

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 inside Daytona Beach city limits

It doesn’t cover

  • Households above 80% of area median income
  • Homes outside Daytona Beach

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

80% of Volusia County’s area median income

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.

$90,800
Area median income, 4-person household (HUD, 2026)
Income limits in Florida

Where it applies

Daytona Beach’s homes

  • 41.3% single-family
  • 6.6% townhouse
  • 10.1% 2–4 units
  • 38.6% 5+ units
  • 3.4% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$287,700

Daytona Beach median home value

46.8%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in Daytona Beach

How to apply

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. 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.

Free course · 10 minCity of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP), explained

Questions about this program

What is City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP)?

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) is a forgivable loan for homebuyers in Daytona Beach, Florida. City of Daytona Beach AHOAP provides up to $50,000 in deferred 0% SHIP loan. Forgiven after 15 years (existing) or 20 years (new construction). Includes home inspection and modest rehab assistance. Funding comes from State.

Do you have to pay it back?

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) is forgiven after 20 years, so a homebuyer who stays that long does not repay it. Repayment is triggered by Sale, Refinance, and No longer primary within forgiveness period. 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?

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) 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?

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) limits household income to 80% of the area median income, which varies by county and household size. Income at or below 80% AMI for Volusia 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?

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) can be used for Single Family, Condo, and Townhouse. New construction is eligible.

Where does it apply?

City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) serves homebuyers purchasing in Daytona Beach, Florida.

How do you apply?

Applications for City of Daytona Beach Affordable Home Ownership Assistance Program (AHOAP) 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 Daytona Beach homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 92 programs for Daytona Beach

Program terms are set by the administering agency and can change; confirm on the official site before you apply.