The new Hometown Hero Housing Program complements existing efforts to increase homeownership opportunities for low-income Floridians. The Hometown Hero Housing Program would parallel the existing Salute Our Soldiers Military Loan Program, which has successfully helped hundreds of veterans and active-duty military personnel buy a home. The program will reduce the upfront costs for homebuyers by providing zero-interest loans to help with down payment and closing costs. The loans could provide up to 5% of the first mortgage loan amount, not to exceed $25,000, and would be repaid in full if the buyer sells, refinances, or rents out the home.
The Hometown Hero Housing Program would be available to home buying families who have income of no more than 150% of the state or local median income, at the time the loan is issued. Specifically, the program would be available to workers and educators employed full time as:
Property Tax Relief for Hometown Heroes would be available to homeowners who are:
Florida’s website with all the information about the Hometown Hero Program
Let’s find you a home
Use our website www. buywithcare.com to find homes for this program. We have all Floridia’s real estate listings. Our website updates every 15 minutes.