The Florida Housing Finance Corporation (“Florida Housing”) announces the availability of funds for the Homeownership Pool (HOP) Program.

It is anticipated that approximately $10,000,000 in funding will be made available to eligible homebuyers under this program, divided into two releases of $5,000,000 each. Funding will be awarded in accordance with Rule Chapter 67-57, Florida Administrative Code (F.A.C.).

The following set-asides will apply:

        20%        Community Housing Development

                        Organizations (CHDOs)

        10%        Self-Help Housing

        45%        Non-Participating Jurisdictions (Non-PJs)

        25%        Participating Jurisdictions (PJs)

Funding will be made available under these set-asides, in the order listed above as applicable, in the form of reservations for eligible homebuyers on a first-come, first-served basis. Any unreserved funds may be reallocated as necessary.

For more information on the HOP Program, including Rule Chapter 67-57, F.A.C., please access Florida Housing’s website at http://www.floridahousing.org/Home/Developers/HomeownershipPrograms/HOP/default.htm or contact Bridget Warring at (850)488-4197. If you are hearing or speech impaired, please contact Florida Housing using the dual Party Relay System at 1(800)955-8770 or 1(800)955-8771.