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Tribune News Service
Tribune News Service
Business
Lisa J. Huriash

New Florida program helps ‘hometown heroes’ buy their first homes, governor says

To help people buy homes in the communities they serve, a new program will assist “vital” workers among 50 professions with down payment and closing costs, Florida Gov. Ron DeSantis said Monday.

The program, called the Florida Hometown Heroes Housing Program, begins June 1. The state’s initiative will cost taxpayers $100 million. There are 1,000 lenders involved in the program to start providing assistance to the working-class essential workers.

To afford a median-priced home, Floridians would need to earn about $62,000 per year on average, according to a realtors association.

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