Florida SHIP Owner-Occupied Rehab

Florida Housing Finance Corporation (FHFC)

Available Home Repair

About This Program

Florida SHIP Owner-Occupied Rehab is available to homeowners in Palm Bay, FL.

State Housing Initiatives Partnership (SHIP) funds administered locally for owner-occupied rehabilitation. Provides forgivable loans for major repairs to homes of low and moderate-income homeowners in Palm Bay. Loan forgiven after affordability period.

Forgivable loan based on rehab needs, amount shown is typical

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

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

Key Details

  • Forgivable loan up to $50,000 for major repairs
  • Income at or below 140% AMI may qualify
  • Must be owner-occupied in Palm Bay
  • Forgiven after affordability period (typically 5-15 years)
  • Administered locally by City of Palm Bay

How to Apply

Get free help applying Visit Official Program Page Track this program

(321) 952-3410

A grant-savvy contractor in Palm Bay, 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 Palm Bay 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: Contact local administrator for current availability

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 Rehab provide in Palm Bay, FL?

Up to $50,000 forgivable loan.

Who qualifies for Florida SHIP Owner-Occupied Rehab in Palm Bay?

Florida SHIP Owner-Occupied Rehab is open to homeowners in Palm Bay, FL. It prioritizes low-income households.

How do I apply for Florida SHIP Owner-Occupied Rehab in Palm Bay, FL?

Apply directly with Florida Housing Finance Corporation (FHFC) using the official program link on this page or call (321) 952-3410. 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 Palm Bay, FL contractors

Find More Programs in Palm Bay, FL

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

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