Grants directory
Inclusionary Housing
City of Tallahassee, Neighborhood Services · City program
Down payment and closing cost assistance; no fixed amount stated.
The City of Tallahassee requires some new residential developments to set aside affordable units, and eligible buyers may receive down payment and closing cost assistance. The page says homeowners can build equity while homes remain affordable for a minimum period before selling at market rate.
Program details
How it works
The City says all new residential developments with 50 or more housing units must sell at least 10% of their units at an affordable price for low- to moderate-income residents. The homes remain affordable for a minimum number of years before they can be sold at market rate.
What the money covers
Prospective buyers may qualify for down payment and closing cost assistance. The page does not state a fixed dollar amount for this assistance.
How it helps homeowners
Homeowners can earn equity on the property while the units remain affordable. The program is presented as part of the City’s broader housing programs for residents seeking affordable homeownership.
Contact for more information
The page directs interested buyers to the Tallahassee Lenders’ Consortium for more information.
Full eligibility details
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