ATTENTION FLORIDA HOUSING LENDERS – ADDITIONAL $36 MM HOMETOWN HEROES FUNDS AVAILABLE NOVEMBER 6TH

At its October 27^th meeting, Florida Housing’s Board of Directors approved the allocation of $36 million to the Hometown Heroes (HTH) Loan Program.  HTH continues to be highly successful program, assisting over 13,000 eligible first-time borrowers who live and work in Florida.  As a result of its success, Florida Housing has authorized the release of the additional $36 million in new assistance on Monday, November 6^th.  We anticipate these HTH funds will be fully committed quickly after the release.  Additional funding is not anticipated to be available for the HTH Program until sometime in 2024.  Reservations should only be made for loans that will meet the program timeline of 60 days from Loan Reservation to Loan Purchase by the Servicer, Lakeview.  

We encourage you to review the HTH Program Guidelines to become re-acquainted with the program requirements.  As a reminder, Borrower(s) must be employed full-time by a Florida-based employer and work 35 or more hours per week.

Thank you all for your continued support of our Homebuyer Loan Program.

Charles White

Homebuyer Loan Program Director

Charles.white@floridahousing.org

Sandy Smith

Homebuyer Loan Program Manager

Sandy.smith@floridahousing.org

Homeownership Loan Program Team 

dpa@floridahousing.org