Get up to $35,000 for your down payment with the Hometown Heroes Florida Program, available starting August 18, 2025. Learn all the details here.

Today, we bring you breaking news that thousands of families across Florida have been waiting for: it’s now officially confirmed that the Florida Hometown Heroes Program will reopen for applications with new funding starting on August 18, 2025.

This is undoubtedly one of the most important announcements of the year for the real estate sector, especially for our local heroes: healthcare workers, educators, first responders, military members, and all professionals who are the backbone of our communities. If you've been dreaming of owning a home, this is the sign you've been waiting for. Here are the details of this important update.

Key Details: What Does This New Round of Funding Include?

The announcement confirms that the state of Florida will once again offer financial assistance for the down payment and closing costs to eligible workers. This support is a game-changer for many, eliminating one of the biggest financial barriers to homeownership.

The assistance remains at up to 5% of the total amount of the first mortgage, with a maximum of $35,000. This is offered as a 30-year deferred second mortgage at 0% interest and no monthly payments. It’s important to note that the loan must be repaid in full if the home is sold, the primary mortgage is refinanced, the deed is transferred, or the property is no longer the primary residence. It’s not a grant—but rather a powerful financial tool to help you own a home.

This announcement represents a golden opportunity. Access to these funds can be the difference between continuing to rent and becoming a homeowner. My recommendation: act fast.

Miguel E. Hernandez

Who Will Benefit from This Announcement?

This update will directly benefit Florida’s workforce. To be eligible for this new round of funds, applicants must meet the following key criteria:

Eligible Applicant Profile

• Must be a first-time homebuyer (not have owned a primary residence in the last 3 years).
• Must be employed full-time in one of the 50+ approved professions, with a Florida-based employer.
• Must meet income and purchase price limits based on county.
• Active military members, veterans, and reservists are also eligible and often receive waivers, such as the first-time buyer requirement.

The list of professions includes, among others: nurses, teachers, firefighters, police officers, paramedics, judicial employees, and childcare workers. To check whether your occupation qualifies, visit the Florida Housing Finance Corporation website.

Be Proactive: How to Prepare for This Announcement

News like this generates high demand. The Florida Hometown Heroes Program funds are limited and awarded on a first-come, first-served basis. Inaction is not an option. Preparation is essential to take full advantage of this opportunity.

1. Get Pre-Qualified Immediately: This is the most critical step. Knowing you’re a viable candidate and having a clear budget positions you to act as soon as the funds become available. Don’t wait until August 18 to get started.
2. Speak to an Expert: As your agent, I can connect you with program-approved mortgage lenders, who are key to submitting your application correctly.
3. Define Your Search: While you wait for the official date, we can begin exploring neighborhoods and property types that match your pre-qualification and needs.

Don’t wait—Get Pre-Qualified Today

Important Details: FAQs About the Announcement

1. Does this announcement guarantee funds for everyone who applies?

No. Funds are limited. That’s why speed and a well-prepared application are crucial. Once the 2025 allocation runs out, the program will close until the next funding round.

2. Have the program benefits changed with this new announcement?

Based on the current information, the core terms remain the same: up to $35,000 in assistance as a deferred 0% second mortgage. The benefits of lower interest rates and reduced closing costs are also still in place.

3. If I sell my home in 5 years, how much do I have to repay?

You must repay the full amount of the assistance loan you received. If you were granted $25,000, you will repay $25,000. It does not accrue interest, but no portion of it is forgiven over time.

A Life-Changing Opportunity: The Time to Act Is Now

The return of the Florida Hometown Heroes Program is more than just an announcement—it’s a real, tangible opportunity for our community’s essential workers to finally achieve the dream of homeownership. Mark your calendar for August 18, 2025.

Don’t let this chance pass you by. Let me help you get everything in place so that when the day arrives, you’re at the front of the line—ready to secure your future.

Let’s Talk About Your Strategy