HOMETOWN HEROES (HTH) 

FULLY COMMITTED

Florida Housing’s Hometown Heroes (HTH) Loan Program continues to be a highly successful program, assisting many eligible first-time borrowers who live and work in Florida. As a result of its success, HTH funds have been fully committed in a record 51 days!  We could not have done this without the assistance of the dedicated lenders in the Program, thank you for your continued support.

Remember that FL Housing offers other down payment assistance options through our standard BOND and TBA Programs. FHA, USDA-RD, VA, Fannie Mae (HFA Preferred) and Freddie Mac (HFA Advantage) first mortgage options will continue to be offered in these Programs.

We encourage you to review these first mortgage programs and the down payment assistance they offer. You can find more information on these two continuously funded Programs in their respective Lender Guide located here.

Will there be a waitlist for HTH fallout?  We will follow up with a timeline and process for the release of funds from cancelled loans.

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 will not have any programs available until 2025?  NO, Florida Housing still has the Standard Bond and Standard TBA Programs that offer down payment and closing cost assistance.  Click here to view the highlights.

***Please verify the loan amount in the eHPortal is the TOTAL loan amount and not the base loan amount. This is a common mistake and will require a lender to

re-print closing documents if not entered correctly. ***

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