Florida Housing is providing down payment and closing cost assistance through the Hometown Heroes Program. Funds are provided in the form of 5% of total loan amount, capped at $35,000 with a minimum of $10,000. Homebuyers must work for a Florida-based business with a verifiable physical address and work a minimum of 35 hours per week.ELIGIBILITY REQUIREMENTS
• Program offered on 30-year fixed-rate Conventional, FHA, VA, and USDA loans
• Borrower must occupy home as primary residence
• Home must be located in Florida
• First-time homebuyer requirements may apply
• Homebuyer education required
• Veterans and active-duty military may be exempt from first-time homebuyer and homebuyer education requirement (based on specific program guidelines).
• Gift funds allowed
• 1-4 unit primary residence, including qualifying condos and townhomes, are eligible.
• Program offered on 30-year fixed-rate Conventional, FHA, VA, and USDA loans
• Borrower must occupy home as primary residence
• Home must be located in Florida
• First-time homebuyer requirements may apply
• Homebuyer education required
• Veterans and active-duty military may be exempt from first-time homebuyer and homebuyer education requirement (based on specific program guidelines).
• Gift funds allowed
• 1-4 unit primary residence, including qualifying condos and townhomes, are eligible.
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