As of 2015, to qualify for Seminole County, Florida’s Downpayment Assistance Program for First Time Home Buyers, you must meet all of the following criteria:
Total Assistance Amount | Affordability Period |
Up to $15,000 | 6 Years |
$15,001 – $30,000 | 12 Years |
$30,001 – $50,000 | 20 Years |
Very Low | Low | Moderate |
$50,000 | $30,000 | $10,000 |
Household Size | Very Low 50% of Median Income | Low 80% of Median Income | Moderate 120% of Median Income |
1 | $20,450 | $32,700 | $49,080 |
2 | $23,350 | $37,350 | $56,040 |
3 | $26,250 | $42,000 | $63,000 |
4 | $29,150 | $46,650 | $69,960 |
5 | $31,500 | $50,400 | $75,600 |
6 | $33,850 | $54,150 | $81,240 |
7 | $36,150 | $57,850 | $86,760 |
8 | $38,500 | $61,600 | $92,400 |