Florida SHIP Owner-Occupied Rehabilitation

Florida Housing Finance Corporation / Monroe County

Available Home Repair

About This Program

Florida SHIP Owner-Occupied Rehabilitation is available to homeowners in Key West, FL.

State Housing Initiatives Partnership (SHIP) program provides forgivable loans for owner-occupied rehabilitation in Monroe County. Loan forgiven after 15 years of continued occupancy. Eligible repairs include structural, roofing, mechanical systems, and code compliance.

Forgivable loan amount based on repair needs assessment, no repayment if occupancy maintained

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

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

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

Key Details

  • Forgivable loan up to $75,000 for major repairs
  • Income at or below 140% AMI required
  • Must be owner-occupied in Monroe County
  • Forgiven after 15 years of continued occupancy
  • Covers structural, roofing, mechanical, code compliance

How to Apply

Get free help applying Visit Official Program Page Track this program

(305) 292-4408

A grant-savvy contractor in Key West, 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 West 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).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • 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: Applications accepted quarterly, contact Monroe County

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 Florida SHIP Owner-Occupied Rehabilitation provide in Key West, FL?

Up to $75,000 forgivable loan.

Who qualifies for Florida SHIP Owner-Occupied Rehabilitation in Key West?

Florida SHIP Owner-Occupied Rehabilitation is open to homeowners in Key West, FL.

How do I apply for Florida SHIP Owner-Occupied Rehabilitation in Key West, FL?

Apply directly with Florida Housing Finance Corporation / Monroe County using the official program link on this page or call (305) 292-4408. There is no middleman and no fee.

Need a Contractor for This Grant?

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

Get matched with a pro, free Browse Key West, FL contractors

Find More Programs in Key West, FL

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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