Monroe County SHIP Program

Monroe County / Florida Housing Finance Corporation

Available Home Repair

About This Program

Monroe County SHIP Program is available to homeowners in Key Largo, FL.

State Housing Initiatives Partnership program providing forgivable loans for home rehabilitation and repair in Monroe County. Loans are forgiven after 15 years of owner occupancy and compliance with program requirements.

Maximum forgivable loan amount for owner-occupied rehabilitation

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Key Largo, FL, you can combine this program with other local help to cut your cost:

Key Details

  • Forgivable loan up to $100,000 for major repairs
  • Income at or below 80% AMI required
  • Must maintain owner occupancy for 15 years
  • Covers structural, roofing, electrical, plumbing
  • Annual application cycles through Monroe County

How to Apply

Get free help applying Visit Official Program Page Track this program

(305) 292-4467

A grant-savvy contractor in Key Largo, FL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Key Largo early keeps your application moving.

Get matched with a contractor

This program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Annual funding cycles, apply by June 30, 2025

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Monroe County SHIP Program provide in Key Largo, FL?

Up to $100,000 forgivable loan.

Who qualifies for Monroe County SHIP Program in Key Largo?

Monroe County SHIP Program is open to homeowners in Key Largo, FL. It prioritizes low-income households.

How do I apply for Monroe County SHIP Program in Key Largo, FL?

Apply directly with Monroe County / Florida Housing Finance Corporation using the official program link on this page or call (305) 292-4467. There is no middleman and no fee. Deadline: Annual funding cycles, apply by June 30, 2025.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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Find More Programs in Key Largo, FL

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