Great news for first-time homebuyers in Florida: the Live Local Act is set to return in July 2024, offering significant financial assistance to those entering the housing market. This state-backed bond aims to mitigate the impact of inflation and the high costs associated with purchasing a home, making it an excellent opportunity for eligible residents. To qualify for this program, applicants must meet the following criteria:
- Must not have owned a home in the last three years
- Work for a Florida-based company
- Be employed for 35 or more hours per week
- Have a minimum FICO score of 640
- Plan to purchase a primary residence.
These targeted requirements ensure that the assistance reaches those who need it most, supporting hardworking Floridians in achieving their homeownership dreams. With the rising costs in the housing market, the Live Local Act provides much-needed relief and helps stabilize the local economy by encouraging residents to invest in their communities. Don’t miss this chance to secure financial aid for your new home—apply as soon as the program launches in July 2024 and take a confident step towards owning your piece of the Sunshine State.
