Housing Finance Authority Down Payment Assistance Program

Housing Finance Authority down payment assistance is currently not available. 

The Housing Finance Authority of Manatee County is pleased to announce the establishment of the Down Payment Assistance (“DPA”) Program, in partnership with Manatee County.

Program Funds

  • Program funds are available first-come, first-served basis
  • Initial funding of the DPA program is $100,000
  • Available on a first come, first served basis until fully expended
  • Available until June 30, 2020

Down Payment Assistance

  • DPA up to $25,000
  • Secured by a second mortgage
  • Non-interest bearing, non-amortizing loan
  • Due in 30 years or upon sale or refinance of home or failure to occupy the property as primary residence

Eligible Property and Areas

  • Single Family home purchase
  • Livable Manatee site or other sites in unincorporated Manatee County, Florida

Borrower Eligibility Criteria

  • Purchase of home in Eligible Area
  • Qualify for SHIP or HOME loan
  • Meet income and purchase price limits of the SHIP or HOME Program
  • Principal residence
  • Borrower(s) must occupy property within 60 days of closing

Lender Participation

  • Borrower must obtain first mortgage and close the DPA loan through one of the County's Certified Lenders.