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FL S0772

FL S0772
Florida Hometown Hero Housing Program


summary

Introduced
02/14/2023
In Committee
02/23/2023
Crossed Over
Passed
Dead
05/05/2023

Introduced Session

2023 Regular Session

Bill Summary

Creating the Florida Hometown Hero Housing Program to be administered by the Florida Housing Finance Corporation; specifying requirements for loans under the program; authorizing the corporation to underwrite and make such loans to specified borrowers, etc.

AI Summary

This bill creates the Florida Hometown Hero Housing Program to be administered by the Florida Housing Finance Corporation. The program is designed to assist certain frontline emergency workers, medical and health care personnel, and educators in purchasing a primary residence by providing loans at a 0% interest rate and reducing the down payment and closing costs by up to 5% or $25,000, whichever is less. The bill specifies the eligible professions and income requirements for the program, which applies to qualifying home purchases on or after July 1, 2023.

Sponsors (1)

Last Action

Died in Community Affairs, companion bill(s) passed, see CS/SB 102 (Ch. 2023-17) (on 05/05/2023)

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