Florida State Housing Initiatives Partnership (SHIP)

Florida Housing Finance Corporation / City of Pensacola

Available Down Payment

About This Program

Florida State Housing Initiatives Partnership (SHIP) is available to homeowners in Pensacola, FL.

Florida's SHIP program provides down payment assistance and home rehabilitation funds for low- to moderate-income households. Forgivable loan structure requires 5-10 years of occupancy depending on amount.

Forgivable loan amount based on household income and project type

Official program page checked live on 2026-06-22.

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

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

Key Details

  • Down payment assistance or home rehabilitation funds
  • Income at or below 120% AMI
  • First-time homebuyers prioritized
  • Forgivable loan after 5-10 years of occupancy
  • Must complete homebuyer education

How to Apply

Get free help applying Visit Official Program Page Track this program

(850) 435-1670

A grant-savvy contractor in Pensacola, 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 Pensacola 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: Applications accepted year-round, subject to funding

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 State Housing Initiatives Partnership (SHIP) provide in Pensacola, FL?

Up to $25,000 for down payment or rehab.

Who qualifies for Florida State Housing Initiatives Partnership (SHIP) in Pensacola?

Florida State Housing Initiatives Partnership (SHIP) is open to homeowners in Pensacola, FL.

How do I apply for Florida State Housing Initiatives Partnership (SHIP) in Pensacola, FL?

Apply directly with Florida Housing Finance Corporation / City of Pensacola using the official program link on this page or call (850) 435-1670. 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 Pensacola, FL contractors

Find More Programs in Pensacola, FL

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

See All Programs