Ron DeSantis: Florida Housing Finance Corporation’s Hometown Heroes program is off to a strong start

This week, Governor Ron DeSantis announced that the Florida Housing Finance Corporation’s”Hometown HeroThe program gets off to a quick start, offering more than $12 million to law enforcement officers, teachers, active military members, veterans, and healthcare professionals for a down payment toward the purchase of a first home in the Sunshine State.

DeSantis said 843 families received $12.1 million under the new program, which began in early June. The Legislature authorized $100 million for the Hometown Heroes program.

“Our law enforcement, first responders, nurses and other local heroes work hard every day to take care of their communities,” DeSantis said. “I’m proud that we were able to give back by helping 800 families buy their first home in the communities they serve, and I look forward to seeing this project grow to help thousands more in the months to come.”

“We are extremely proud to share this milestone because it shows how much the Hometown Heroes program is already helping hardworking Floridians across the state,” said Trey Price, executive director of Florida Housing Finance Corporation. “In less than two months, we have provided hundreds of families with the financial assistance needed to buy their first home. We are grateful to Governor DeSantis and the Florida Legislature for their dedication to housing efforts and look forward to continuing to see the positive impacts of this program.

The governor’s office gave some details about the program.

“The Hometown Heroes program provides Florida frontline community workers in more than 100 eligible occupations with a down payment and closing cost assistance to help them purchase a primary residence in the communities where they work. Eligible homebuyers will receive up to 5% of the amount of their first mortgage (to a maximum of $25,000) as a down payment and closing cost assistance in the form of a 0% deferred second mortgage , without amortization and over 30 years. To be eligible for this program, homebuyers must connect with one of Florida Housing’s participating loan officers, have a minimum credit score of 640, provide certification for one of the eligible occupations, and meet the threshold. revenue from their county,” the governor’s office noted.

Kevin Derby
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