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FLORIDA HOUSING IMPORTANT ANNOUNCEMENT
Please be advised that we are having to temporarily suspend new locks in the current Hometown Heroes (HTH) Program, effective COB on 6/12/23, as funds have been 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, if possible, move your closing to July 3rd or later. This will allow you to lock and utilize the recently appropriated $100 million of new HTH DPA.
We do expect to have fallout from the current $385 million in first mortgages currently reserved or in compliance stage. As these funds become available, we will try to accommodate those loans that have not yet locked but must close by month end. Unless it absolutely must close by then, please roll into July funding.
Thank you,
Chip White
Homebuyer Loan Programs Director.
Sandy Smith | Homebuyer Loan Programs Manager
227 N. Bronough Street, Suite 5000, Tallahassee, FL 32301 | p. 850.488.4197
Sandy.Smith@floridahousing.org | Visit our website at www.floridahousing.org
Chip White | Homebuyer Loan Programs Director
227 N. Bronough Street, Suite 5000, Tallahassee, FL 32301 | p. 850.488.4197
charles.white@floridahousing.org | Visit our website at www.floridahousing.org.
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