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The federal law that protects you from housing discrimination is the Fair Housing Act, a law enforced by the U.S. Department of Housing & Urban Development (HUD).

State Housing Initiatives Partnership

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LOW INCOME HOUSING ASSISTANCE

State Housing Initiatives Partnership (SHIP) Program

Down Payment and Closing Cost Assistance

To be eligible to apply for financial assistance you must:

  • Not have owned a home in the last three (3) years.
  • Not purchase property that is currently occupied by a tenant other than you.
  • Complete an approved Credit Counseling Clinic and receive a certificate of completion.
  • You need your credit reports for Credit Counseling Clinic, visit our Credit Clinic page for days and time.
  • Complete an approved Homebuyer Education Training Classes and receive a certificate of completion.
  • Utilize the home purchased as your principal residence.
  • The homebuyer (s) must obtain the maximum first mortgage for which they are eligible.
  • Meet the eligibility requirements of the current H.U.D. Section 8 Income Limits/AMI based on your family size.
    Income limits updated by HUD effective 03/10/2009.

VOLUSIA COUNTY AND CITY OF DAYTONA BEACH PROGRAMS:

H.U.D. Section 8 Income Limits/AMI

Family Size Very Low
up to:
Low
up to:
Moderate
up to:
1 $20,000 $32,000 $48,000
2 $22,850 $36,600 $54,840
3 $25,700 $41,150 $61,680
4 $28,550 $45,700 $68,520
5 $30,850 $49,400 $74,040
6 $33,150 $53,030 $79,560
7 $35,450 $56,700 $85,080
8 $37,700 $60,350 $90,480

FLAGLER COUNTY PROGRAM:

H.U.D. Section 8 Income Limits/AMI

Family Size Very Low
up to:
Low
up to:
Moderate
up to:
1 $20,000 $32,000 $48,000
2 $22,850 $36,600 $54,840
3 $25,700 $41,150 $61,680
4 $28,550 $45,700 $68,520
5 $30,850 $49,400 $74,040
6 $33,150 $53,030 $79,560
7 $35,450 $56,700 $85,080
8 $37,700 $60,350 $90,480

 

 

 


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