Hometown Heroes program surges with $20M application milestone.

Florida’s Hometown Heroes down payment assistance program has experienced a remarkable surge in applications, with its total reaching an impressive $20 million in just one week since its launch, as announced by Governor Ron DeSantis on Tuesday. The overwhelming response to the program is evident, as on the very first day, applicants generated an impressive $11 million in funds.

In its debut year, the Hometown Heroes Program extended a helping hand to more than 6,700 esteemed individuals, including first responders, veterans, nurses, and educators, enabling them to purchase homes within the communities they selflessly serve. Governor DeSantis expressed his optimism by saying, “Now that the program has expanded, I eagerly anticipate assisting even more deserving Floridians in the upcoming year.” Last year alone, the program generously provided over $100 million to support Florida’s hometown heroes.

To be eligible for this year’s program, workers in any occupation, employed full-time with a Florida-based company, can apply, provided they earn less than 150% of their county’s area median income. Hometown heroes aspiring to be homeowners can apply for a generous maximum down payment assistance amount of $35,000. However, first-time homebuyers must meet a minimum credit score requirement of 640 to qualify.

To commence the process, buyers are required to engage with one of the participating loan officers affiliated with Florida Housing. These loan officers possess the necessary expertise to guide applicants through the intricate journey of securing their dream homes.

Those seeking further details regarding the Florida Hometown Heroes Housing Program or wishing to connect with a loan officer in their respective areas should visit the official website at www.floridahousing.org/hometownheroes [t.e2ma.net]. Here, comprehensive information relating to the program and its offerings can be found, ensuring that potential applicants have access to all the necessary resources.

The tremendous success and immense popularity of the Florida Hometown Heroes down payment assistance program exemplify the esteemed recognition owed to the selfless individuals who devote their lives to the well-being of the community. With the invaluable support of this program, more Floridians will be empowered to achieve their dreams of homeownership, thus fostering stronger and more vibrant communities across the state.