Multi-Family Housing Program
The JHFA provides financing for qualified multi-family housing developments which meet the goals of the Authority and comply with applicable federal and state law through the issuance of obligations of the Authority, the proceeds of which are loaned to entities participating in the Program, in order to alleviate the shortage of affordable housing available to persons and families in Duval County.
Single Family Program – Home Sweet Home
If you’ve ever dreamed about home ownership but felt that buying a home was a little beyond your reach, the Jacksonville Housing Finance Authority (“JHFA”) may make your dream a reality with their First-Time Homebuyer Program. The Jacksonville Housing Finance Authority’s Single-Family Loan Program offers a 30-year, fixed-rate mortgage for first-time homebuyers. The Home Sweet Home Program is a continuously funding program and never “runs out” of money.
Mortgage Credit Certificate (“MCC”) Program
First-time buyers do not buy that house until you determine if you qualify for a MCC offered by the JHFA. The MCC could save you thousands of dollars by reducing the amount of federal income tax you owe. The MCC is not a down-payment assistance, but rather a dollar-for-dollar reduction in your federal tax liability.