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Nassau County
Official Seal of Nassau County, FL
96135 Nassau Place
Suite 1
Yulee, FL 32097
Down Payment & Closing Cost Assistance
Nassau County Housing Strategy: Down Payment & Closing Cost Assistance
Down payment and closing cost assistance is available to those meeting eligibility requirements. The assistance is in the form of a deferred loan secured by a second mortgage that is forgivable at the end of 10 years. Should the property be sold, title transferred, or the house is no longer the eligible applicant’s primary residence within the deferred loan period, the loan amount is due and payable in full.

The amount of award is dependent on income classification and is reflected in the table below.

Income Classification


Maximum Allowed
Home Purchase Price

Maximum Possible Award

Very Low or Extremely Low 20% of Purchase Price



Low 15% of Purchase Price



Moderate 10% of Purchase Price



For more information or questions please contact SHIP at (904) 530-6020.

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