Housing & Community Development
Neighborhood Stabilization Program
The Neighborhood Stabilization Program (NSP) is part of Orlando Mayor Buddy Dyer’s Strengthen Orlando
plan. This
program, funded by the Department of Housing and Urban
Development (HUD), provides funding to acquire and redevelop
foreclosed properties. Through public/private partnerships,
the City has developed a strategy to restore the fabric of
our neighborhoods and stabilize home values.
Information on the Homeless
Prevention
and Rapid Re-Housing Program
New Homebuyer Tax Credit - FL HOP
NOW ACCEPTING APPLICATIONS!
See your lender for more information
Qualified first time
homebuyers who purchase prior to December 1, 2009 are entitled to
receive a federal income tax credit in the amount of $8,000 or 10%
of the purchase price, whichever is less after filing their 2009
taxes or amending their 2008 taxes. The
City of Orlando has funds through the Florida Homebuyer Opportunity
Program (FL HOP) to advance the tax credit in order to be used as
down payment assistance. The
City’s FL HOP is a deferred loan that has to be paid back after 18
months of the closing date.
All Lenders who
are not a Certified Lender for the City of Orlando and want to
participate in the FL HOP program, must attend a one hour training
workshop as
indicated on the link under: Down Payment Assistance Program\Florida
Homebuyer Opportunity Program (FL HOP)\Lenders Training Sessions.
"HOMES
FOR SALE"
Mission Statement
The mission of the Housing
and Community Development Department is
to maintain a sustainable, livable, safe community for very low, low
and moderate income persons.
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