The Home Purchase Assistance Program provides downpayment and closing cost assistance to income-qualified homebuyers. Applicants must complete a HUD-certified homebuyer education course to be eligible for assistance. HANDS of Central Florida, Inc. partners with the City of Lakeland to provide homebuyer education courses and counseling. Please visit HANDS of Central Florida's website to register for an upcoming homebuyer class.
The amount of assistance available is based on household income and number of persons that will be living in the home. Buyers with incomes up to 100% of the area median income will be eligible to receive up to $40,000 of assistance; buyers with income from 101% up to 140% of the area median income will be eligible to receive up to $25,000 in assistance.
Lenders
Citywide
Low-Income (up to 80% AMI) Funding Available
Moderate Income (81% to 140% AMI) NO FUNDING AVAILABLE
Within Midtown CRA district
Low-Income (up to 100% AMI) Funding Available
Moderate-Income (101% to 140% AMI) Funding Available
BASED ON FAMILY SIZE | Up to 80% | Up to 100% | 101% to 140% |
1 | 46,700 | 58,400 | 81,760 |
2 | 53,530 | 66,700 | 93,380 |
3 | 60,000 | 75,000 | 105,000 |
4 | 66,650 | 83,300 | 116,620 |
5 | 77,350 | 90,000 | 126,000 |
Lots awarded to Builders are now available to begin constructing new homes on the lots they purchased. Each lot was purchased by a specific builder.
Map will connect homebuyers to builders by providing the contact information for each lot. Hover over the location you are interested in and the contact information for the Builder of that specific lot will be provided. Lots are no longer owned by the City of Lakeland. Homebuyer is responsible to reach out to Builder and work directly with Builder.
The Affordable Housing Office uses a portion of its funding to subsidize the purchase of a home by qualified buyers. Income requirements and subsidy levels vary by program and funding source, but all require completion of a HUD-approved homebuyer education class. HANDS of Central Florida, Inc. partners with the City to provide homebuyer counseling and other services which further the City's home purchase assistance activities. Please visit HANDS of Central Florida's website to learn more or to register for a homebuyer class.
View valuable information from the U.S. Department of Housing and Urban Development regarding home buying and homeownership. View the HUD Guide for Buying a Home for more information.