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Assistance Grants

From $5,000 to $15,000

Helping You Call It Home

Gulf Winds Assistance Grants can help you reduce the principal on your loan or assist with down payment and closing costs.

Call us at 1.800.650.6328 to learn more.

Program Details

Gulf Winds offers grants of $5,000 to $15,000 for eligible borrowers on a first-come, first-served basis.

  • Household income must be at or below 80% of the county area median income, or the state median family income, adjusted for family size as published by HUD.
  • Homebuyers are required to contribute a minimum of $1,000 and attend a designated homebuyer counseling program.
  • If you own and occupy the home for at least five years, you do not have to pay back the grant. If you move or sell the home before five years then you will be required to pay back the funds.

Grant Options

First-time Homebuyer

First-time Homebuyer Grants

Assistance up to $7,500

  • For individuals who have had no ownership in a principal residence during the 3-year period ending on the date of purchase of the property. 
  • For a single parent who has only owned with a former spouse while married.
  • For individuals who are displaced homemakers and have only owned with a spouse.
  • For individuals who have only owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations.
  • For individuals who have only owned a property that was not in compliance with state, local, or model building codes and which cannot be brought into compliance for less than the cost of constructing a permanent structure.

Community Partner Grants

Assistance up to $10,000

For individuals currently employed or retired as law enforcement officers, educators, healthcare workers, firefighters, emergency medical technicians and other first responders; veterans or active-duty members of the U.S. military or their surviving spouses; and COVID-related essential workers.

Ready to get the help you need?

There are many ways to qualify.

Call us at 1.800.650.6328 to learn more.

Contact Us

Gulf Winds Credit Union NMLS #414456