FAQS
Looking for Affordable Housing?
The City of Cape Coral provides funding to local not-for-profit agencies for the production, preservation and rehabilitation of affordable housing. These programs target very low, low and moderate income households. All programs are governed by applicable state and federal regulations and are available on a first come, first available basis.
IF YOU ARE LOOKING FOR AFFORDABLE HOUSING, RENTAL or HOMEOWNERSHIP, YOU MUST CONTACT ONE OF THE AGENCIES BELOW TO ASSIST YOU.
The City of Cape Coral provides funding to local not-for-profit agencies for the production, preservation and rehabilitation of affordable housing. These programs target very low, low and moderate income households. All programs are governed by applicable state and federal regulations and are available on a first come, first available basis. IF YOU ARE LOOKING FOR AFFORDABLE HOUSING, RENTAL or HOMEOWNERSHIP, YOU MUST CONTACT ONE OF THE AGENCIES BELOW TO ASSIST YOU.
Affordable homeownership opportunities are available through Habitat for Humanity of Lee and Hendry Counties.
Habitat for Humanity offers new and rehabilitated homes to income qualified households. For more information on these programs or qualification requirements, please contact the agency directly at 239-652-HOME (4663) or www.habitat4humanity.org.
Habitat for Humanity offers new and rehabilitated homes to income qualified households. For more information on these programs or qualification requirements, please contact the agency directly at 239-652-HOME (4663) or www.habitat4humanity.org.
Emergency repair and rehabilitation is available through the City's partner agency Rebuilding Together Greater Florida. They can be reached at 239-229-6392.
The City of Cape Coral has recently restarted its utility expansion project. As a component of this, pending grant approval, the City will be offering assistance to low-income households with the connection of the home to the utility lines, the septic abandonment, and meter fees. Assistance will be limited to income-qualified households, and funds are limited.
For information on Section 8 housing vouchers, please contact the Housing Authority of the City of Fort Myers at (239) 344-3220. This agency is responsible for Section 8 vouchers throughout Lee County, including the City of Cape Coral. For a complete searchable database of affordable rental properties in Lee County, please visit www.floridahousingsearch.org.
There are several HUD-approved counseling agencies in the area. Please click here for a list of resources.
Each year the US Department of Housing and Urban Development and Florida Housing Finance Corporation distributes the income limits for the Cape Coral-Fort Myers Metropolitan Statistical Area. Agencies will qualify clients based on information provided by your employer and financial institution.
PACE Program
PACE stands for Property Assessed Clean Energy. Residential PACE allows homeowners to finance energy efficiency, renewable energy, and other eligible improvements on their homes using private sources of capital. PACE programs are typically enabled through state legislation, and authorized at the local government level.
PACE allows property owners to receive upfront financing for a variety of energy-related home improvements then repay the debt through voluntary assessments on their property tax bills. Approved third-party administrators provide funding, and the assessment can be amortized over a period of five to 20 years, which allows for the cost savings resulting from the improvements to be used to pay back the annual amount owed.
PACE-funded improvements must be properly permitted and installed by licensed contractors, and they must meet applicable federal, state, and local energy, wind, and building code standards.
Although the City must authorize PACE programs to operate in Cape Coral, the City does not administer or operate the programs in any way. All contractual PACE agreements are between property owners and the PACE district, a non-City entity.
Currently, the City has agreements with four Districts to provide services in Cape Coral. Contact information can be found below. It is the property owner’s responsibility to research and choose the best provider for their needs.
Please be advised that the City recently entered into agreements with these entities, and programs may not be fully available now.
PACE-funded improvements must be properly permitted and installed by licensed contractors, and they must meet applicable federal, state, and local energy, wind, and building code standards.
Although the City must authorize PACE programs to operate in Cape Coral, the City does not administer or operate the programs in any way. All contractual PACE agreements are between property owners and the PACE district, a non-City entity.
Currently, the City has agreements with four Districts to provide services in Cape Coral. Contact information can be found below. It is the property owner’s responsibility to research and choose the best provider for their needs.
Please be advised that the City recently entered into agreements with these entities, and programs may not be fully available now.
| Florida Green Finance AuthorityRenew Financial Group, LLC info@renewfinancial.com |
Green Corridor Property Assessment Clean Energy District Ygrene Energy Fund info@ygreneworks.com |
| Florida PACE Funding Agency Counterpointe Energy Solutions info@FloridaPACE.gov |
Florida Resiliency and Energy District (FRED) Renovate America info@renovateamerica.com |
The City encourages homeowners to thoroughly investigate if PACE is the appropriate financing option for improvements to their property. Because PACE is an encumbrance on the property collected through property taxes, most homeowners with a mortgage and escrowed tax/insurance payments will see an increase in their monthly housing cost. There may be more appropriate financing mechanisms based on a household's income level.