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Buyer guide · Updated October 2026
Florida down payment assistance programs in 2026
Florida Housing Finance Corporation offers several statewide programs, and many counties and cities have their own. Here's an overview, plus how a home buyer rebate can stack with them.
Reviewed by Bryan Berns, Florida real estate broker (License BK3659524), licensed since 2011 · Updated October 2026Statewide programs (Florida Housing)
| Program | What it is | Typical amount |
|---|---|---|
| Florida Assist | 0% deferred second mortgage, repaid when you sell, refinance or pay off | Up to $10,000 |
| HFA Preferred / Advantage grants | Grant based on your first mortgage, typically forgiven over time | 3%–4% of the loan |
| Hometown Heroes | 0% deferred second mortgage for eligible Florida workers, military and veterans | 5% of the loan, $10,000–$35,000 |
| Florida HLP second mortgage | Low-rate 15-year second mortgage | Up to $10,000 |
Amounts, eligibility and funding change often. Hometown Heroes reopened in July 2026 with new funding on a first-come basis. Confirm current terms with a Florida Housing–approved lender.
Local programs
Many Florida counties and cities offer their own assistance through SHIP and other programs, often with income limits and homebuyer education requirements. Ask your lender which local programs apply where you're buying.
How a rebate fits with assistance
Assistance programs help with the down payment. A home buyer rebate helps with closing costs. Because the rebate comes from your agent's commission, you can often combine them, as long as your lender and assistance program approve the credit.
Ready to see your rebate?
A licensed Firelight Realty Group agent replies the same day with your estimate.
Down payment assistance FAQ
Do I have to be a first-time buyer?
Most Florida Housing programs require it, with exceptions for some veterans and targeted areas.
Is Hometown Heroes available now?
It reopened in July 2026 with new funding, first come, first served. Funding can run out, so check with a participating lender.
Can I use assistance on new construction?
Often yes, if the builder's or your lender participates in the program.
Combine assistance with a rebate
We'll coordinate your rebate with your lender and assistance program so every dollar counts.
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