07/01/2024
π Big News for Florida's Hometown Heroes! π
We are thrilled to announce that a whopping $100 MILLION has been approved for the Hometown Heroes Housing Program (HHHP)! π Starting July 1st, full-time employed Floridians meeting income requirements can take advantage of this amazing opportunity for zero-interest downpayment and closing cost assistance home loans.
π‘ Thanks to Governor Ron DeSantis, the bill revising 2023βs Live Local Act ensures more Floridians can achieve their dream of homeownership. The initial funding was so popular that it was depleted in under two months, but with this new financial boost, even more heroes will benefit!
π Whatβs New?
Parking Reduction: Local governments must reduce parking requirements by 20% for qualifying developments.
Zoning Flexibility: Enhanced provisions for zoning and land use to support affordable multifamily rental developments.
Incentives for Developers: Local governments can offer additional bonuses, variances, and exceptions to encourage affordable housing projects.
This is a monumental step towards making homeownership a reality for our hardworking hometown heroes. Stay tuned for more updates and get ready to take advantage of this fantastic program! π β¨