Florida Hometown Heroes Housing Program
The Florida Hometown Heroes Housing Program aims to assist individuals who offer valuable services to their communities, including teachers, healthcare workers, law enforcement officers, firefighters, and veterans. Qualifying borrowers can receive up to 5% of the first mortgage loan amount, or a maximum of $35,000. This helps with the down payment and closing costs.
That’s a 30-year, no-interest loan that the buyer repays when they sell, refinance, or pay off their first mortgage.
Discover more at the FHFC’s website. And check HUD’s list of alternative programs1 for Florida.