If you desire to live in the city limits of Jacksonville, this program will pay half of your out-of-pocket expenses at the time of closing not to exceed $3,000.
Homeowners who have owned their home for at least 3 years have a balance less than $5,000 on current mortgage and house in substandard condition. You might be eligible for the Re-Construct Program. Up to $90,000 will be available to tear down/Rebuild a new energy efficient home in the same location as the existing home. Half of the funding will be forgiven and the remaining half will be a repayable loan over 20 years at 1% interest. You must meet the Housing and Urban Development income guidelines.