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City of Fort Walton Beach CDBG Program

Fort Walton Beach, Florida

Last verified
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Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is City of Fort Walton Beach CDBG Program?

City of Fort Walton Beach CDBG Program is a grant for homebuyers in Fort Walton Beach, Florida.

  • City of Fort Walton Beach CDBG-funded grant/loan for eligible first-time homebuyers within city limits.
  • Funding comes from Federal.

Do you have to pay it back?

City of Fort Walton Beach CDBG Program is structured as a grant, so it is not repaid.

  • 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 Fort Walton Beach CDBG Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course

The program excludes

  • Households above 80% 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.

What are the income limits?

City of Fort Walton Beach CDBG Program limits household income to 80% of the area median income, which varies by county and household size.

  • Income at or below 80% AMI for Okaloosa 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 Fort Walton Beach CDBG Program can be used for Single Family, Condo, and Townhouse.

Where does it apply?

City of Fort Walton Beach CDBG Program serves buyers purchasing in Fort Walton Beach, Florida.

How do you apply?

Applications for City of Fort Walton Beach CDBG Program go through the administering agency, which publishes the current terms and the application steps on its own site.

  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 buyer can take it to a lender or housing counselor.

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City of Fort Walton Beach CDBG Program, explained

A short, free course on City of Fort Walton Beach CDBG Program: what it is, who it is for, whether it has to be paid back, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

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