As promised, I am going to discuss the Jacksonville H2H program or Headstart to Homeownership program. If you recall in my last post, I gave the information on the Florida Assist ( Florida Bond Money ) program which provides $10,000 in down payment and closing cost assistance. For more information on this program please visit my website. Now let's get back to the H2H program ( Headstart to Homeownership ).
This program is specifically for residents of Duval county, Jacksonville, FL and it provides up to $15,000 in down payment and closing cost assistance to credit eligible first time home buyers. The maximum gross income is a little less than the Florida Assist Program as you may only earn up to 80% of the Median income for Florida. For example; A family of four may not earn more than $50,550 to receive assistance.
The maximum purchase price for the H2H program is $271,050.00, that can certainly buy a lot of house here in Jacksonville, FL.
The Jacksonville H2H program is a very popular program and can run out of funds very quickly as it is first come, first served. You must a contract on a property in order to reserve funding however you may NOT place an offer on a property without approval from the Headstart to Homeownership program.
If you are a first time homebuyer and would like more information on the H2h ( Head start to homeownership ) program please contact me.
Please see the chart below;
Household Size Gross Income Gross Income
(50% of Median) (80% of Median)
1 $22,150 $35,400
2 $25,300 $40,450
3 $28,450 $45,500
4 $31,600 $50,550
5 $34,150 $54,600
6 $36,700 $58,650
7 $39,200 $62,700
8 $41,750 $66,750
* The gross income limits are effective as of January,
2014 and are adjusted annually.