Homebuyers
Payoff and Subordination requests can be emailed to CollierCountyShip@collier.gov
Collier County SHIP Purchase Assistance Program
The Collier County Community and Human Services (CHS) is offering Purchase Assistance under the State Housing Initiatives Partnership Program (SHIP) which provides down payment and closing costs assistance to eligible first-time homebuyers interested in purchasing a home within unincorporated Collier County, the City of Naples, the City of Marco Island or Everglades City with a maximum purchase price not to exceed $793,938.00. Homebuyer must also meet the following:
- Complete a County approved HUD certified Homebuyer Education Workshop
- Must be pre-qualified for a first mortgage loan
- Must be a first-time homebuyer as defined, an individual and his or her spouse who have not owned a home during the three-year period prior to purchase of a home with assistance under the State Housing Initiatives Partnership Program (SHIP). The term first-time homebuyer also includes an individual who is a displaced homemaker or single parent.
- Occupy the home being purchased as their primary residence during the term of the loan.
The awards may include up to $10,000 for Essential Services Personnel.
If approved as very-low, low or moderate-income, applicants may be eligible for assistance towards down payment and closing cost for the purchase of a home located within Collier County. The SHIP award will be dependent on income level and funds available. Funds are available on a first come/ first qualified basis, upon funding availability, for first-time homebuyers who meet the program requirements.
Award amount can change if more than one funding source is used to assist with the purchase of the home.
Funds will be issued as a zero interest, deferred payment loan, which does not require monthly payments. The SHIP loan is payable and due upon sale or transfer of property. As long as the borrower(s) continue to maintain the assisted property as their primary residence, no repayment is required. No repayment is due if sold after thirty (30) years.
Are there any restrictions as to where the property may be located?
The property must be located within unincorporated Collier County, the City of Naples, the City of Marco Island, or Everglades City.
Are there any other restrictions?
Mobile/manufactured homes must be built after June 1994 to qualify for assistance.
How much money can I borrow?
You may qualify for up to $100,000 in Purchase Assistance. Eligibility and award amounts are determined by household income and household size based on the current program income limits chart. Applicants should refer to the income chart or contact staff for applicable income limits and assistance amounts. A Promissory Note secured by a Second Mortgage will be payable to Collier County upon sale, refinance, or loss of homestead exemption.
How do I apply for the loan?
Applications for the Purchase Assistance Program are available online or at the Collier County Community & Human Services Division located at 2671 Airport Road S., Suite #201, Naples, FL 34112 (by appointment).
Are there any fees required when applying?
There is no application fee.
How are the funds distributed?
Funds are loaned on a first come first serve basis. The County is particularly interested in assisting low and very-low income households.
In order to receive assistance for the Homebuyer Program, the gross total household income (anticipated for next 12 months) cannot exceed the income limits adjusted for household size set forth in the following table:
| Household Size |
Very Low (50%) |
Low (80%) |
Moderate (120%) |
| 1 |
$42,350 |
$67,800 |
$101,640 |
| 2 |
$48,400 |
$77,450 |
$116,160 |
| 3 |
$54,450 |
$87,150 |
$130,680 |
| 4 |
$60,500 |
$96,800 |
$145,200 |
| 5 |
$65,350 |
$104,550 |
$156,840 |
| 6 |
$70,200 |
$112,300 |
$168,480 |
Who do I call if I have more questions about this program?
Call Adrienne Meijer at 239-252-5229 or email at CollierCountySHIP@collier.gov.