Governor of Florida – Hometown Heroes Housing Program
Governor Ron DeSantis Announces Launch of Florida Hometown Heroes Housing Program
CAPE CORAL, FL (STL.News) Governor Ron DeSantis announced the June 1 launch of the Florida Hometown Heroes housing program to help Floridians in more than 50 critical occupations buy their first home. The Hometown Heroes housing program will be available to Floridians, including law enforcement officers, firefighters, educators, medical professionals, childcare workers, and active military or veterans. Including this $100 million program, the Governor also announced his intention to support the total of nearly $363 million allocated for affordable housing and the workforce in the 2022-2023 budget, the total highest in 15 years.
The program is administered by the Florida Housing and Finance Corporation (Florida Housing) and has the highest and most inclusive eligibility of any Florida Housing down payment assistance program. The program aims to expand Florida’s existing housing programs to reach essential workers and those who have served our country. Learn more about the program here.
“In Florida, we appreciate the contributions of our police officers, firefighters, teachers and nurses,” Governor Ron DeSantis said. “Our local heroes are the backbone of Florida communities and making sure they can afford to be homeowners is a great way to give back to them and support the future of the American Dream.”
“Florida Housing is extremely grateful to those who have remained committed to serving their communities, especially during these difficult financial times,” said Trey Price, executive director of Florida Housing Finance Corporation. “Hometown Heroes will provide the financial assistance needed to help these hard-working people finally achieve the American dream of homeownership, and we look forward to the positive impacts this achievement will have on so many Florida families.”
“The DEO is proud to stand with Governor DeSantis as he prioritizes our state’s vital workers, including our first responders, nurses and teachers,” said DEO Secretary Dane Eagle. “These men and women are heroes who ensure that the critical needs of our communities are met, and we are grateful to be part of this initiative to show our gratitude.
“Recently I started looking to buy a house. With the help of my real estate agent and my loan officer, there was so much I didn’t know and they were able to help and guide me” said Officer Ashton Wolfe of the Cape Coral Police Department, “I joined the military when I was 18. I was stationed in Washington, and when I left the military, I came back to Cape Coral to serve my community as a police officer.The Salute Our Soldiers program, which became the Hometown Heroes program, allowed me to buy a house at the age of 23 and I am the only 23-year-old man I know who buys a house, so he’s done great things for me.”
“I’ve been a teacher for 25 years,” said Melba Lugo, second-grade teacher, Mid Cape Global Academy. “In one day, I changed cities, changed jobs and bought a house. Thank you for this program and I want to thank all those people who made this possible. Owning a house seemed like such a distant dream, so far away. I’m 63 and at that age you’re supposed to pay off your mortgage, but all is well and good when you’re walking in God’s time.
Florida Housing received $100 million from the state legislature this year to establish and administer the Florida Hometown Heroes housing program. This program will help essential community workers in 50 different eligible occupations with down payment and closing cost assistance to help qualified first home buyers purchase a primary residence in the communities they serve. Funds will be available to book beginning June 1, which coincides with National Homeownership Month. This occasion celebrates the value that owning a home brings to families, communities and neighborhoods across America.
To qualify for this program, homebuyers must contact a participating loan officer, have a minimum credit score of 640, provide certification for one of the eligible occupations, and meet their county’s income threshold. . Eligible borrowers will receive up to 5% of the first mortgage amount (to a maximum of $25,000) as a down payment and closing cost assistance in the form of a 0% deferred second mortgage, with no amortization and over 30 years.