Thursday, May 26, 2022

FLORIDA GREEN LIGHTS HOMETOWN HEROES HOUSING




Florida Realtors® worked closely with the Florida Legislature throughout the 2022 session to create HHHP (Hometown Heroes Housing Program). Funded at $100 million, the program is designed to help some of the state’s most essential workers become homeowners.


 


During a press conference in Southwest Florida on Monday, Florida Governor Ron DeSantis announced the launch of Florida Realtors® top 2022 legislative priority, the Hometown Heroes Housing Program (HHHP).


Administered by the Florida Housing Finance Corporation (FHFC), HHHP would reduce the upfront costs for qualifying hometown heroes by providing zero-interest loans to help with down payment and closing costs, up to a limit of 5% of the first mortgage loan or $25,000.


Florida Realtors® worked closely with the Florida Legislature throughout the 2022 session to create HHHP. Funded at $100 million, the program is designed to help some of the state’s most essential workers become homeowners.


“There are 1,000 lenders involved in the program to start providing assistance to essential workers, such as police officers, firefighters, doctors, nurses and teachers, among other professions,” says Florida Realtors® Vice President of Public Policy Andy Gonzalez.


More details about the program can be found on FHFC’s website.


 “We are extremely grateful to the governor and the Florida Legislature for recognizing the tremendous housing burden that our hometown heroes face,” adds Pappas. “These professionals perform such a vital role in our daily lives. We should be doing everything possible to help them achieve the dream of homeownership.”



No comments:

Post a Comment