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Foreclosure Prevention Assistance
County of Volusia - Community Assistance Division
Picture of Foreclosure SignThe Program:   

Provides funds as a loan to prevent mortgage foreclosure of a primary residence for income eligible homeowners living in Volusia County (presently excludes homes within the city limits of Daytona Beach, Deltona, and Port Orange).  First ready, first served.


Form of Assistance:

Up to $10,000 of foreclosure prevention assistance
Assistance is provided as a loan at 0% interest, with payment deferred for 15 years, forgiven at the end of 15 years if conditions are; a mortgage will be recorded.

Who is eligible:

Very-low, low- and moderate-income households

Eligible reason for mortgage delinquency/foreclosure:
  • Involuntary loss of employment
  • Sickness of injury
  • Death in the family
  • Sudden medical expenses
  • Unforeseen home repair

Income Range                    Assistance
Less than $16,000                                               $10,000
$16,001 - $25,000                                               $8,000
$25,001 - $30,000asdsdf                                 $6,000
$30,001 - $38,000afd                                            $5,000



Income Range
Assistance
Less than $16,000
$10,000
$16,001 - $25,000
$8,000
$25,001 - $30,000
$6,000
$30,001 - $38,000
$3,000


Household can demonstrate ability to continue payments after being brought current, and the mortgage will continue to be affordable to the household   

Preference given to households that received previous down payment assistance through Volusia County


 

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