SHIP Homebuyer's Assistance Program

NOTICE OF FUNDING AVAILABILITY (NOFA)


DO YOU NEED ASSISTANCE PURCHASING A HOME?

Contact Monroe County Social Services at: 305-292-4408

  • Up to $45,000.00 per home available
  • Secured by a recorded 30-year note and mortgage with 0% interest
  • Full amount due at maturity
  • Applications processed on a “First Qualified, First Served“ basis
  • Eligible income qualification categories listed below:

SHIP Program Income Maximums, Adjusted for Family Size 2018

Percentage 50% 80 % 120 %
Household Very Low Low Moderate
One Person $30,900 $49,400 $74,160
Two Persons $35,300 $56,450 $84,720
Three Persons $39,700 $63,500 $95,280
Four Persons $44,100 $70,550 $105,840
Five Persons $47,650 $76,200 $114,360
Six Persons $51,200 $81,850 $122,880
Seven Persons $54,700 $87,500 $131,280
Eight Persons $58,250 $93,150 $139,800

2018 MONROE COUNTY MEDIAN INCOME: $84,400

Median income is published annually by the U.S. Department of Housing and Urban Development.  The Florida Housing Finance Corporation (FHFC) expands on the federal determination relative to the implementation of state programs.

SHIP Housing Intake Application