Sarasota County · Florida Hometown Heroes Housing Program
Buying a first home in Sarasota County, Florida
Sarasota and Manatee share a slightly higher Bond price limit than most of Florida: $572,751. Sarasota's TBA income limit is $171,150.
SeatSarasota
Residents479,958
Income cap, 3+$131,215
Price cap$572,751
The Sarasota picture
Sarasota County Schools, the Sarasota County Sheriff's Office and the Sarasota County Fire Department employ people in eligible roles. Officers with Sarasota, North Port and Venice police departments qualify too.
Whether you're looking in North Port or the city of Sarasota, under Bond the income limits are $114,100 for 1 or 2 people and $131,215 for 3 or more. Closer to the coast in Osprey or Nokomis, the $572,751 price limit may come into play, and TBA's lack of a price cap can help.
All of it comes as a 0% deferred second mortgage, so budget for paying it off when you eventually sell.
Caps that apply in Sarasota County
Income cap, 1 or 2 people
Income cap, 3 or more
Price cap
$114,100
$131,215
$572,751
Sarasota County's Bond limits are $114,100 and $131,215 with a $572,751 price cap, and its TBA limit is $171,150. Compare with the statewide table or run the budget calculator.
Local employers whose staff can qualify
Sarasota County Schools
Sarasota County Sheriff's Office
Sarasota County Fire Department
Sarasota Police Department
North Port Police Department
Venice Police Department
Full-time nurses, therapists and techs at Sarasota hospitals and care facilities also meet the employer rule. The eligible jobs list has the full set of roles.
Local money in Sarasota County
County, city and employer programs here can sometimes sit behind the state loan, or replace it. Each has its own rules about combining, and a loan officer sorts out which ones fit together.
0% deferred, 20-year term, forgiven 5%/yr; shared appreciation on default. County website blocked automated access; current status not verified. North Port (largest city) has no separate SHIP program; City of Sarasota has its own LHAP.
Nearly every down payment program makes you finish a homebuyer class before closing. These HUD-approved agencies around Sarasota County teach one or offer one-on-one counseling before you buy.
From HUD's list of housing counseling agencies. A given program may accept only certain classes.
Which class counts for you? Your loan officer knows which courses each Florida program accepts and can start your pre-approval in the same conversation. Start with the 2-minute check
Sarasota County, asked and answered
What's the Bond price limit in Sarasota County?
$572,751 outside targeted areas, slightly above the $566,354 used in most counties.
What's the income limit in North Port?
Sarasota County uses $171,150 under TBA, or $114,100 and $131,215 under Bond.
Do Sarasota County Fire Department employees qualify?
Hi, I'm Lisa. See if you're eligible for down payment assistance in Florida. I'll walk you through six quick questions, and you'll see your result before you leave the page.
