City of Jacksonville Head Start to HOME Ownership (H2H)

What is City of Jacksonville Head Start to HOME Ownership (H2H)?

City of Jacksonville Head Start to HOME Ownership (H2H) is a deferred second loan for homebuyers in Jacksonville, Florida.

• Jacksonville H2H provides up to $25,000 in 0% interest 15-year deferred second mortgage for eligible first-time homebuyers who have lived in Duval County 24+ consecutive months. $500 minimum contribution. Full repayment if sold within 36 months; 10% of proceeds if sold after 36 months.
• Funding comes from Federal.

Do you have to pay it back?

City of Jacksonville Head Start to HOME Ownership (H2H) 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?

City of Jacksonville Head Start to HOME Ownership (H2H) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

City of Jacksonville Head Start to HOME Ownership (H2H) limits household income to 80% of the area median income, which varies by county and household size.

• Income at or below 80% AMI for Duval 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 Jacksonville Head Start to HOME Ownership (H2H) can be used for Single Family, Condo, and Townhouse.

Where does it apply?

City of Jacksonville Head Start to HOME Ownership (H2H) serves buyers purchasing in Jacksonville, Florida.

How do you apply?

Applications for City of Jacksonville Head Start to HOME Ownership (H2H) go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact the administering agency to reserve funds

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

3. 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.