HOMETOWN HEROES (HTH) 

IMPORTANT ANNOUNCEMENT!

Please be advised that the Hometown Heroes Program funds are very close to being fully committed. If your loan is already locked, this will have no impact on your lock. Please proceed as normal to close your loan. 

If you have not locked yet, please, only reserve funds that will meet the timelines (60 days from reservation to loan purchase), this includes closing, compliance approval, and purchase. Extensions are NOT for extending loan closing. You must have a contract, qualified borrower and a closing date that will meet the 60 day timeline.

Once funds are fully committed we will stop taking reservations. As a reminder, the Florida Housing Bond and TBA Programs will STILL be available.

Where can I find the amount of available HTH funds?  eHousingPlus posts the available HTH funds on a daily basis on this web page.

Can I cancel a HTH loan and switch out a borrower? No, canceled loans will not be replaced with a new lock.

What if my HTH loan cancels due to the timeline, can it be reinstated? Most likely no, the funds will be utilized by another borrower. Loans must be underwriter certified by the 60th day or they will cancel.

When will more HTH funds become available?  We hope that we will receive an appropriation in the 2025 session to offer the HTH Program in 2025.

Does this mean Florida Housing does not have any program available until 2025?  NO, Florida Housing still has the Standard Bond and Standard TBA Programs that offer down payment and closing cost assistance.

Thank you for your continued support of the Florida Housing 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