Florida Legislature Approves Tax Credit

The Florida legislature recently passed legislation allowing for qualified homebuyers, eligible for the Federal Housing Tax Credit, to receive up to $8000 in purchase assistance. This will enable eligible homebuyers access to the funds at the time of purchase, with repayment to the State required at the time of receipt of their Federal tax refund.

The program will be administered through the State Housing Initiatives Partnership (SHIP) program. I have attached the link to SHIP: http://apps.floridahousing.org/StandAlone/FHFC_ECM/AppPage_SHIPLGContacts.aspx