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City of Jacksonville - New $2M Low-Income Homebuyer Initiative

Jacksonville, Florida

Last verified
See what you qualify forOfficial program site →
Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is City of Jacksonville - New $2M Low-Income Homebuyer Initiative?

City of Jacksonville - New $2M Low-Income Homebuyer Initiative is a grant for homebuyers in Jacksonville, Florida.

  • City of Jacksonville committed $2M in March 2026 specifically targeting low-income homebuyers for additional homebuyer assistance. Details being finalized — contact City of Jacksonville Housing for current status.
  • Funding comes from Local.

Do you have to pay it back?

City of Jacksonville - New $2M Low-Income Homebuyer Initiative 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 Jacksonville - New $2M Low-Income Homebuyer Initiative 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 Jacksonville - New $2M Low-Income Homebuyer Initiative 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 - New $2M Low-Income Homebuyer Initiative can be used for Single Family, Condo, and Townhouse.

Where does it apply?

City of Jacksonville - New $2M Low-Income Homebuyer Initiative serves buyers purchasing in Jacksonville, Florida.

How do you apply?

Applications for City of Jacksonville - New $2M Low-Income Homebuyer Initiative 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 Jacksonville - New $2M Low-Income Homebuyer Initiative, explained

A short, free course on City of Jacksonville - New $2M Low-Income Homebuyer Initiative: 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.

5 modules · About 10 minutes

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