Currently browsing: Homeowner Assistance Fund

High-Speed Internet Coming to 10,000 Homes in Allegan County with $65M Project

High-Speed Internet Coming to 10,000 Homes in Allegan County with $65M Project

In a significant development for Allegan County in Michigan, plans have been unveiled to connect over 10,000 homes currently lacking access to high-speed internet over the next […]

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Iowa West Foundation Aids SWIPCO in Rehabilitating Twelve Homes

Iowa West Foundation Aids SWIPCO in Rehabilitating Twelve Homes

The Southwest Iowa Housing Trust Fund (SWIHTF), a nonprofit fund under the administration of the Southwest Iowa Planning Council (SWIPCO), has successfully completed the rehabilitation of twelve […]

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Zero Interest Home Equity Loans in North and South Omaha: Qualification Requirements and Application Details

Zero Interest Home Equity Loans in North and South Omaha: Qualification Requirements and Application Details

Starting on Juneteenth, homeowners residing in formerly redlined areas of North and South Omaha, Nebraska will have the opportunity to apply for 0% interest home loans. These […]

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Funding Announced by HUD to Assist Small Communities

Funding Announced by HUD to Assist Small Communities

The U.S. Department of Housing and Urban Development (HUD) has made a significant announcement regarding the availability of funds to support small communities. Through the HOPE VI […]

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Expanded Waitlist for Home Rehab Grants in Milton

Expanded Waitlist for Home Rehab Grants in Milton

The Borough of Milton has recently been awarded a significant housing rehabilitation grant of $500,000 from the Pennsylvania Department of Community and Economic Development (DCED). This grant […]

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First-Time and Repeat Homebuyers in Delaware Benefit from Launch of Four New Homeownership Programs by State Housing Authority

First-Time and Repeat Homebuyers in Delaware Benefit from Launch of Four New Homeownership Programs by State Housing Authority

Dover, Delaware State Housing Authority (DSHA) has unveiled four new programs aimed at enhancing access to homeownership in the First State. Whether individuals are embarking on their […]

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Florida Grants $100 Million to Incentivize Relocation of “Hometown Heroes”

Florida has gone above and beyond to support the relocation of Americans to the Sunshine State by providing over $100 million in down payment and closing cost assistance. This initiative has benefitted nearly 7,000 individuals, including veterans, active-duty service members, nurses, teachers, first responders, and law enforcement officers. Governor Ron DeSantis and the Florida legislature established the Hometown Heroes Housing Program to make living in the communities where these individuals serve more affordable. Since its launch in June 2022, the program has successfully assisted 6,753 veterans, active-duty military members, nurses, teachers, and law enforcement officers in purchasing homes. Governor DeSantis expressed his pride in supporting these hometown heroes, stating, "Through the Hometown Heroes housing program, we are ensuring that our police officers, firefighters, teachers, nurses, and military members and veterans can afford to buy homes in the communities that they have dedicated their lives to serving." The program offers down payment and closing cost assistance to first-time, income-qualified homebuyers who wish to purchase a primary residence in their community of service. Additionally, it provides the Hometown Heroes Loan Program, which offers a lower interest rate on the first mortgage and additional benefits for those who have served or continue to serve. Florida Housing Finance Corporation's Executive Director, Mike DiNapoli, highlighted the positive impact of the program, stating, "By providing more hardworking Floridians with a place to call home, we are helping to facilitate healthier family environments, build stronger communities, and improve local economic impact." Due to the program's initial success, the Florida legislature has allocated an additional $100 million for the 2023-2024 fiscal year, allowing the program to continue assisting Florida families. Furthermore, the maximum down payment assistance amount has been increased to $35,000 or up to 5% of the first mortgage loan amount. To be eligible, homebuyers must connect with a participating loan officer from the Florida Housing Finance Corporation, have a minimum credit score of 640, be a first-time homebuyer, and earn less than 150% of the area median income based on county data. The Hometown Heroes Housing Program is one of several initiatives created by Governor DeSantis to support those serving their communities. Last year, the state launched Florida's Law Enforcement Recruitment Bonus Program, which has attracted over 2,000 law enforcement officers and first responders from other states. The program offers incentives such as signing bonuses, educational grants, relocation assistance, and more to support their transition to Florida. Pinellas County near Tampa Bay has been a particularly popular choice among out-of-state recruits, with nearly 50 individuals opting to serve there. Among the new recruits, over 200 have relocated from states like New York, California, Texas, and Pennsylvania. These efforts reinforce Florida's commitment to supporting and recognizing the contributions of those who protect and serve their communities.

Florida has gone above and beyond to support the relocation of Americans to the Sunshine State by providing over $100 million in down payment and closing cost […]

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Approval Granted By Local Board for Grants Supporting Critical Housing Services

Approval granted by local board for grants supporting critical housing services.

Polk County, Florida Housing Trust Fund’s Programs and Support Services program has recently awarded grants totaling over $680,000 to 18 nonprofit organizations. The aim of these grants […]

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Aging adults receive free support to prolong their stay in their own homes.

Aging adults receive free support to prolong their stay in their own homes.

A Tucson-based nonprofit organization is reaching out to residents of Cochise County to introduce a new and invaluable grant program. This program, funded by the U.S. Department […]

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Pennsylvania greenlights funding of nearly $2 million for housing development in Lehigh Valley

Pennsylvania greenlights funding of nearly $2 million for housing development in Lehigh Valley

The Pennsylvania Housing Finance Agency (PHFA) has recently announced the selection of 309 housing programs across the state to receive funding totaling over $61.5 million. This funding […]

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