(386) 274-4441

County of Volusia

Community Assistance Division

HomeBuyer Assistance Program (HBA)

The purpose of the Volusia County Community Assistance Division’s Homebuyer Assistance Program (HBA) is to assist eligible households with the purchase of a home. The HBA program is funded by Volusia County through federal and state grants. Assistance is provided to ·close the gap” of funds needed for purchase and closing costs. The gap funds will be loaned by the County of Volusia to the homebuyer with a 15-year deferred subordinate loan at 0% interest. Approved Affordable Housing Partners (AHP) and the Community Assistance Division administer the HBA program jointly.

Limitations on home purchase:

  • Home location: The home must be located in Volusia County, except within the city limits of Daytona Beach, Port Orange and Oak Hill.
  • Purchase price: The maximum purchase price for existing home is $199,500 and new construction is $253,365.

Eligibility requirements:

  • The applicant must not have owned a home within the last three years or defaulted on a mortgage within the last seven years.
  • The applicants total gross income must not exceed the limits based on family size.
  • The applicant must secure a first mortgage in the maximum amount for which they can afford with a fixed interest rate and no pre-payment penalty.
  • The applicant cannot have previously received housing assistance from Volusia County.
  • The applicant must contribute a minimum dollar amount towards the down payment of the home according to the following schedule:

Loan features:

  • The subordinate loan is secured by a deferred mortgage, with a 15-year term with 0% interest and includes a shared appreciation feature.
  • The subordinate loan is a non-assumable subordinate mortgage.
  • The subordinate loan cannot exceed the first mortgage or be more than 50% of the purchase price.
  • There can be no cash to the borrower.
  • The maximum subordinate loan amounts are as follows:

Application process:

  • The applicant will contact an approved Affordable Housing Partner (AHP) directly to apply. Mid-Florida Housing Partnership Inc. is an approved partner.
  • The application process is a two-part process:
    • Part 1- Income eligibility
    • Part 2- Home and mortgage eligibility
  • The AHP will be the main contact person for communications between all interested parties throughout the application process.
  • The AHP will verify that the household meets income and program guidelines.
  • The AHP will submit a complete application and related documentation to the Community Assistance Division for review.
  • Applications will only be accepted only from approved AHPs.
  • Applications will be processed and approved on a first-ready, first-served basis.
  • Funding is limited for moderate-income clients.


Median Income Levels for FY 2019 SHIP & CDBG Funding (HBA)

Median Income for Deltona-Daytona-Ormond Beach, FL MSA


(Effective April 24, 2019)

Median Income Levels for FY 2018 NSP Funding (NSP)

Median Income for Deltona-Daytona-Ormond Beach, FL MSA


(Effective April 24, 2019)