The Florida Housing Finance Corporation (FHFC) announced plans to open the Hometown Heroes Program system for loan reservations on Monday, Aug. 18, for participating lenders.
A Florida Realtors legislative priority, Hometown Heroes Housing program helps eligible Floridians purchase their first home. This year, Florida Realtors was able to successfully advocate for $50 million in new funding for the program.
Recent changes to the program include a new “first-responders” occupation list that will be attached to the program. The Florida Legislature included these occupation restrictions to ensure people employed in certain occupations have a chance at obtaining down payment and closing cost assistance.
FHFC also plans to conduct two weeks of daily training sessions for loan officers, participating lenders, and Realtor partners. These trainings are intended to ensure all involved parties are fully prepared and understand the program requirements. Look for the trainings to be added to the program website.
