Click Here to download the NSP Home Buyer Application and Checklist.
Download NSP3 Target Area Map

NSP Home Buyer Eligibility Guidelines

The Kissimmee NSP Program is designed to deliver community relief for areas that have been especially hard-hit by foreclosures and to provide affordable home ownership opportunities to qualified applicants. Eligible buyers must:

  • Not currently own a home.
  • Be able to obtain mortgage financing.
  • Complete an 8-hour home buyers education class and obtain certification.
  • Participants must put a minimum of $1,000.00 down, using their own funds.
  • Occupy the home. NO investors or 2nd Home purchasers allowed.
  • Complete the NSP Home Buyer Application and provide pre-qualification letter from your lender.
  • Buyers must meet the following income guidelines:

 Household Size
Household Income
120% of Area Median Income
 1 $48,240
 2 $55,080
 3 $61,920
 4 $68,760
 5 $74,280
 6 $79,800
 7 $85,320
 8 $90,840

Buyers may also be eligible for purchase assistance through any combination of available programs
based on family size and income guideline chart listed below.

 Household Size
 up to $40,000*
Very Low Income
50% of Area
Median Income

 up to $20,000*
Low Income
80% of Area
Median Income

 up to $10,000
Moderate Income
120% of Area
Median Income

 1 $20,100 $32,160 $48,240
 2 $22,950 $36,720  $55,080
 3 $25,800 $41,280$61,920
 4 $28,650 $45,840 $68,760
 5 $30,950 $49,520 $74,280
 6 $33,250 $53,200 $79,800
 7 $35,550 $56,880$85,320
 8 $37,850 $60,560 $90,840
*NOTE: Combined total assistance cannot exceed 50% of the purchase price of the home.

Approved Home Buyer Education Programs

Owning one's own home is the dream of many Americans.  The path to successful home ownership begins with education.  Buying a home can be a daunting prospect for many first-time buyers. Buying a home often means dealing with real estate agents, brokers, appraisers, builders, inspectors, lawyers, and bankers. All NSP home buyers are required to participate in a HUD approved educational program designed to educate buyers about home ownership, including how to purchase and maintain a home.

The purpose of the home buyers' education program is to educate potential home buyers on the process of buying a house, and to make them more knowledgeable about what to look for and things to consider when buying a home. Following are the two HUD approved agencies in the Kissimmee area that provide homebuyer education courses. 

(Located in the Habitat Humanity Bldg)
2340 North Orange Blossom Trail
Kissimmee, Florida 34744

TEL: (407) 482-2908 

University of Florida - Osceola Herigate Park
1921 Kissimmee Valley Lane
Kissimmee, FL 34744

TEL: (321) 697-3000  

Click Here to search the HUD site for additional approved home buyer education providers.

Contacting a Lender:

NSP Home buyers are required to obtain a letter of pre-qualification from a lender to submit along with the NSP application. When speaking with your lender be certain to tell them that you are interested in purchasing an NSP property. If you lender is not familiar with the NSP guidelines, please have them contact the NSP office and we can answer any questions they may have.

Thank you for your interest in the City of Kissimmee Neighborhood Stabilization Program. 
Should you have any questions along the way, please do not hesitate to contact us.

City of Kissimmee
Neighborhood Stabilization Program
101 N. Church Street, Kissimmee, FL 34741-5054

TEL: (407) 518-2519  |  FAX: (407) 518-2511 |

The City of Kissimmee NPS Program is managed in partnership with Florida SPECS, Inc, a non-profit corporation.

This NSP project was funded (in whole or in part) with the assistance of the City of Kissimmee through federal Community Development Block Grant funds
made available by
the U.S. Department of Housing & Urban Development under Title III of the Housing and Economic Recovery Act (HERA), as amended.
Pursuant to Section 504 of the Rehabilitation Act of 1973, the Fairhousing Amendments Act of 1988, and Title VI of the Civil Rights Act of 1964,
it is the policy of this community to provide housing on an equal opportunity basis. We do not discriminate on the basis of race,
religion, color, sex, familial status, national origin or disability.