The Head Start to HOME Ownership (H2H) Program provides financial aid in the form of down payment and closing cost assistance to eligible families and/or individuals interested in buying a home. Families and/or individuals who do not currently own a house, who will reside in the home as their primary residence and who meet household income criteria will be eligible for assistance pending funding availability.
In order to qualify for the H2H Program, the total gross household income cannot exceed 140 percent of the area median income for Duval County as established by the U.S. Department of Housing and Urban Development. In addition to meeting the income criteria, the applicant must have a minimum down payment of $500 and $375 due when the initial inspection is scheduled.
Any single-family housing unit newly built or existing (including patio homes, town homes and condominiums) located within the consolidated City of Jacksonville is eligible except mobile homes or manufactured housing. The maximum purchase/value for one family unit for Duval County is $247,500.
The city's financial assistance will be in the form of a second or third mortgage, at 0 percent interest for 10 years. If the applicant sells, refinances or ceases to occupy the property as their principal residence before the end of the city's mortgage term, the applicant must repay the city the original balance of the loan amount.
It is important that applicants NOT sign a sales contract prior to being approved. Contact one of the participating lenders to qualify for the first mortgage.
There is another program that the city offers that also provides down payment assistance. For more information on that program, please click here.
For more information regarding this program, please call Susan Harnage at (904) 255-8231.