Up to $23,000 Waiting for First-Time Home Buyers But Buyers Must Act Fast!

Real Estate Broker/Owner with Fisher & Company, P.A., Marketing & Creative Strategists


Up to $23,000 Waiting for First-Time Home Buyers

But Buyers Must Act Fast!


First-Time Homebuyers

Many first-time homebuyers are unaware that in addition to the $8,000 Federal tax credit Duval County, Florida 

(Jacksonville, Florida) is offering first-time homebuyers up to $15,000 (fifteen thousand dollars) as a “forgivable” down payment assistance program to encourage and help first-time buyers obtain their first home.


Designed to provide assistance to eligible individuals and families who are interested in purchasing their first home but lack funds for down payment and closing costs, the program, Head Start to Home Ownership, (H2H) is a partnership with the Housing and Neighborhoods Department, the Housing Services Division, and select approved lenders.


The down payment and closing cost assistance is a “forgivable” fifteen-year second mortgage.  Provided by 

the City of Jacksonville, should homebuyers reside as owner/occupants in the property fifteen years the second mortgage will go away and be “forgiven”.


To be eligible for the H2H program, prospective buyers must have a minimum of $500 as a down payment, attend a homeownership training class, and meet the minimum income requirements but not exceed the maximum income requirements. For example, a family of three must make at least $29,300 but not more than $46,900.  A lower income may be allowed if one of the approved lenders can approve you based on your income and debt.


In addition to the H2H program, the Federal Government in offering a first-time homebuyer tax credit of up to $8,000 on the purchase of a home.  Buyers should note that the current deadline to close on that first home is December 1st, 2009.


For more information on the H2H Head Start to Home Ownership, please contact me at 904-545-5204 or drop by our offices at 8862 La Terrazza Place, located at the corner of Baymeadows Road and Waterfront Terrace in the San Jose area of Jacksonville, Florida.   We are working with an experienced banker/lender on the H2H program who is well-versed in the H2H process and will assist us in navigating through the H2H application.




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Deborah Fisher

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