First-time buyer programs in Florida you should know about
April 2026
From Hometown Heroes to Chenoa DPA, Florida offers some of the best down payment assistance programs in the country. Here are the programs available right now for qualifying buyers.
Hometown Heroes Housing Program
Florida's Hometown Heroes program provides up to 5% of the first mortgage loan amount (maximum $35,000) as a forgivable second mortgage. Teachers, nurses, law enforcement, first responders, and other community workforce members qualify. Income limits apply by county.
Florida Assist (FL Assist)
The FL Assist program offers a $10,000 deferred second mortgage at 0% interest, repayable only when you sell, refinance, or pay off the first mortgage. Available statewide through Florida Housing Finance Corporation-approved lenders.
FHA with Chenoa Fund DPA
The Chenoa Fund provides 3.5% down payment assistance on FHA loans, effectively allowing 100% financing for qualifying borrowers. It repays as a second mortgage — either at a low fixed rate or as a forgivable grant after 36 months of on-time payments.
For personalized guidance on buying or selling in South Florida, contact the team at Pure Equity Realty. We serve Palm Beach, Broward, Miami-Dade, St. Lucie, and Highlands counties with expert representation and a 1% listing fee.