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1. Can I have my own home inspection done?

Yes, the City of Fort Myers recommends that you have a home inspection conducted prior to purchasing any home.

2. What if I don’t qualify now? What are my options?

Once you contact one of the HUD-certified housing counseling agencies, a housing counselor will guide you step-by-step to help you correct any problems so that you may be able to purchase a home at a later date.

The City of Fort Myers will continue to purchase, rehabilitate and resell homes as long as stimulus funding is available. If you miss out on your first opportunity, another NSP home may be available to you in the future.

View the Qualifying for NSP Assistance webpage to find out if you qualify or how to contact a HUD-approved agency.

3. Do I need to take a homebuyer education class?

Yes, buyers who apply for an NSP home are required to complete an 8-hour Home Buyer Education Class at an HUD-certified counseling agency. View the Qualifying for NSP Assistance webpage for more on how to contact an agency.

4. How much financial help will I receive from NSP?

The City of Fort Myers will provide subsidies in the form of a deferred payment/no interest mortgage plus reasonable closing costs to help pay for your home. Assistance levels are based on income categories. Amount of subsidy will be depending upon the 1st mortgage obtained by the buyer not to exceed 50% of the sales price, plus reasonable closing costs. For more information on income categories, view the income category chart found on the Qualifying for NSP Assistance webpage.

5. How much money do I need for a down payment?

Buyer contributions vary according to the income category you meet. Generally the contributions are as follows:

Low Income Category: $500

Moderate Income Category: $1,000

Middle Income Category: $1,200

For more information, visit the Qualifying for NSP Assistance webpage to find out what income category you fall under.

6. How much do I need to earn to qualify for a loan and what are the income limits?

Applicants must have a debt-to-income ratio of no more than 45% (total debt income ratio). For detailed information, please contact the housing counseling agencies listed on the Qualifying for NSP Assistance webpage.

7. Do I have to be a first-time home buyer to qualify?

No, anyone who meets the income requirements, doesn’t currently own a home, and plans on using it as his/her personal homestead qualifies for an NSP home. For more information about the program, view the Neighborhood Stabilization Program webpage.

8. Can I look at available homes online?

Available homes are listed on the city's NSP Property for Sale webpage. This site will be updated regularly as new homes become available for purchase to eligible NSP buyers. Please note that before you can visit an NSP home in person, you must go through the NSP application process through 1 of the 2 housing agencies approved by Lee County to manage the NSP application process.

9. Where are NSP homes located?

NSP homes are located in the city limits. Qualified homebuyers will
be matched up with a single family home in one of these locations:

Central Fort Myers

Dunbar-Bellvue

East Fort Myers

Please refer to our Maps of Target Areas to view these locations. Please check our Homes for Sale Listings for currently available homes. Homes will be bought and sold on basis of availability.