Wellington’s Strategic Planning department hosted a Down Payment Assistance Zoom Webinar on July 18th at 12pm. During this webinar, attendees gained an understanding about the importance of homeownership, lender credits, and the new Florida Down Payment Assistance program which began on July 1st.
The speakers for this webinar included Carmen Bernard of Luxury Realty of Florida Corp and Patrick Snyder of Palm Beach First Financial & Mortgage Co.
Wellington does not offer any grants for rental, foreclosure, irrigation, wells, landscaping or fencing.
Live Local Act
On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act, into law, representing the largest investment for housing efforts in Florida history.
The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.
This program provides down payment and closing cost assistance to first-time, income-qualified homebuyers so they can purchase a primary residence in the community in which they work and serve. The Florida Hometown Heroes Loan Program also offers a lower first mortgage rate and additional special benefits to those who have served and continue to serve their country.