City of Gainesville Down Payment Assistance Program

Special Alert

Maximum Purchase Price


Contact Info:

http://www.cityofgainesville.org/HousingCommunityDevelopment/HomeownershipPrograms.aspx 200 East University Ave, Gainesville, FL 32601 352-334-5000


Credit Score Requirements

Based on 1st mortgage requirements.

Deferred Payments?


Accepted First Mortgage Type:

Freddie Mac, Freddie Mac HFA Advantage, Freddie Mac Home Possible, Fannie Mae, Fannie Mae HFA Preferred, Fannie Mae HomeReady, FHA 203(b), VA

Homeowners Education Class:


Is Forgivable?

At the end of the 5-year period, the loan is forgiven and the lien is satisfied.


Gainesville Property must be located in the city of Gainesville, FL

Income Limitations:

Yes, based on Compliance Income (including household income) Income limits from HUD 2022 80% AMI guidelines Income Categories to be served: Very low, low and moderate. Income cannot exceed 80% MFI.

Maximum Assistance

$15,000 A maximum of up to $15,000 will be available to assist with downpayment and/or closing costs.

Education Requirements Info:

For dates and times, please contact Margaret Thomas: (p) 353-393-8617 (e) brantleyme@cityofgainesville.org

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

HH1HH2HH3HH4HH5HH6HH7HH8 $45,850$52,400$58,950$65,500$70,750$76,000$81,250$86,500 *Income limits as of 05/10/2023

Qualifying Ratios:

Determined by first mortgage product or lender.
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