• The Hurricane Michael Recovery Loan Program provides low 30-year fixed interest rate first mortgages along with up to $15,000 in down payment assistance (DPA) and closing cost assistance for Program qualified homebuyers with incomes up to 140 percent AMI.


• The funding is targeted specifically for the following 11 Hurricane Michael impacted counties. They are: Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Liberty, Taylor, Wakulla and Washington Counties.


• DPA loans will be at zero percent interest, non-amortizing (no monthly payments) and forgivable at 20 percent per year over five years.


• Any unforgiven principal balance of the DPA loan will be fully forgiven if an active duty serviceperson is officially reassigned and must sell the home.


• A total of up to $5 million in DPA will be available and may be used in conjunction with a variety of Florida Housing’s Homebuyer Loan Program first mortgage products, including Veterans Affairs (VA) loans.


• Those eligible do not have to be a first-time homebuyer to qualify for this program, though the home must be owner-occupied.

For more information and to see if you qualify, contact an approved Participating Lender. You can find a lender on our Homebuyer Loan Program Wizard on our Homebuyer Programs Wizard.

This Program is NOT available as "stand alone" DPA. It is only available when used in conjunction with one of Florida Housing’s Homebuyer Loan Programs First Mortgage products. You DO NOT have to be a first-time homebuyer to utilize these funds.

The Florida Legislature appropriated $65 million for the Hurricane Housing Recovery Program (HHRP) for the SHIP-eligible local governments affected by Hurricane Michael.

• The eligible local governments include: Bay County, City of Panama City, Jackson County, Gulf County, Calhoun County, Gadsden County, Washington County, Liberty County, Leon County, City of Tallahassee, Franklin County, Wakulla County and Holmes County.


• Click here for contact information of the local SHIP office on funding assistance for storm repairs to your home, rental assistance or temporary relocation.


• Final HHRP Allocation

• Florida homeowners impacted by Hurricane Michael in need of foreclosure prevention, click here for information on the Foreclosure Counseling Program.

The Florida Legislature appropriated $55 million for the Rental Recovery Loan Program (RRLP).

• The Request for Applications Process will fund developments located in Hurricane Michael impacted areas of the following: Bay and Jackson County (Tier 1), Calhoun, Gadsden and Gulf Counties (Tier 2) and Washington, Liberty, Franklin, Leon, Wakulla and Holmes Counties (Tier 3).
• Click here for additional program information

Florida Housing is partnering with the Department of Economic Opportunity (DEO) providing $140 million for the construction of new affordable workforce housing to help address housing shortages worsened by Hurricane Irma. Florida Housing will launch a competitive application cycle, allowing housing developers and public housing authorities with experience in the development and management of rental properties to apply for funding. Local governments may partner with these entities to apply for funds.

• Click here for additional information.
• The Department of Economic Opportunity’s (DEO) website contains disaster relief information on the Community Development Block Grant-Disaster Recovery Program. Click here for more information.