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Showing posts with the label hometown loan

Do You Qualify for the Hometown Heroes Program in Florida?

Hometown Heroes Program provides grants, low-interest loans, and mortgage services to qualifying applicants who have served or are serving their local communities. The program is open to firefighters, police officers, Emergency Medical Technicians (EMTs), healthcare workers, teachers, and other public service professionals. Applicants must meet certain requirements to be eligible for the hometown hero grant and loan. Income Limit The income limit is the maximum amount a household must not exceed to be eligible for the Hometown Heroes Program. The limit is based on Florida county's area median income (AMI). Applicants must have an income of at most 150% AMI to qualify for a loan or grant through the hometown heroes loan. Several income avenues are considered when determining eligibility, including non-taxable income, wages and salaries, military pay, disability or survivor benefits, dividends, and social security. The requirement ensures that only families in need benefit from the p...