Category Archives: Downpayment Assistance

Florida’s $8K Tax Credit Downpayment Program

The program utilizing the Government’s $8K tax credit as a downpayment became effective July 1. Unfortunately, there is no money as they are relying on current home sales’ Doc Stamp taxes to fund the necessary reserves. The Florida Homebuyer Opportunity Program’s (FLHOP) $8,000 tax credit is a bridge loan (short-term loan) administered by the state’s…