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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 August 2017.

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 $12,060 $19,550 $31,300
2 $16,240 $22,350 $35,750
3 $20,420 $25,150 $40,200
4 $24,600 $27,900 $44,650
5 $28,780 $30,150 $48,250
6 $32,400 $32,400 $51,800
7 $36,580 $35,200 $56,250
8 $40,760 $38,000 $60,700

FLAGLER COUNTY PROGRAM:

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

Family Size Very Low
up to:
Low
up to:
Moderate
up to:
1 $20,200 $32,350 $48,480
2 $23,100 $36,950 $55,440
3 $26,000 $41,550 $62,400
4 $28,850 $46,150 $69,240
5 $31,200 $49,850 $74,880
6 $33,500 $53,550 $80,400
7 $35,800 $57,250 $85,920
8 $38,100 $60,950 $91,440

 

 

 


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