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Get Up to $25K in Down Payment & Closing Cost Funds with FL's Hometown Heroes Program

Team Sandy Blanton

BIO: Broker Sandy Blanton is a Pensacola native has been a leader in the gulf coast's real estate industry over the past 30 years...

BIO: Broker Sandy Blanton is a Pensacola native has been a leader in the gulf coast's real estate industry over the past 30 years...

May 24 2 minutes read

"Governor Ron DeSantis announced the June 1 launch of the Florida Hometown Heroes Housing Program to help Floridians in over 50 critical professions purchase their first home. The Hometown Heroes Housing Program will be available to Floridians including law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.

Florida Housing received $100 million from the state Legislature this year to establish and administer the Florida Hometown Heroes Housing Program. This program will aid essential community workers in 50 different eligible professions with down payment and closing cost assistance to help first-time, income-qualified homebuyers purchase a primary residence in the communities they serve. Funds will be available to reserve starting June 1, which coincides with National Homeownership Month. This occasion celebrates the value that owning a home brings to families, communities, and neighborhoods across America.

To qualify for this program, homebuyers must have a minimum credit score of 640, provide certification for one of the eligible occupations, and meet the income threshold for their county. Eligible borrowers will receive up to 5% of the first mortgage loan amount (up to a maximum of $25,000) in down payment and closing cost assistance in the form of a 0%, non-amortizing, 30-year deferred second mortgage."

Read the whole story on flgov.com

Read on PNJ

For more information, please visit www.floridahousing.org


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