TEACHERS, FIREFIGHTERS, NURSES, & LAW ENFORCEMENT TO NAME A FEW HOMETOWN HEROS.
Homeownership triumphed during the 2022 Florida legislative session, which ended on March 14, 2022. Working closely with with state lawmakers, Florida Realtor successfully advocated for $362 million for housing programs. This amount also includes $100 million for the organization's 2022 priority, the Hometown Hero Housing Program.
The Hometown Hero Housing Program is a new revolving loan program for qualified Hometown Hero's. This loan reduces the upfront costs for these homebuyers by providing 0% interest loans to help with down payment and closing costs. The loan is repaid once the home is sold, rented or refinanced.
Since the pandemic began, homeowners have been eager to spruce up their spaces. Even recently, homeowners are spending more on home improvement projects than they have—due partially to higher building material costs, but also to a desire to widen the scope of their projects.
According to the Houzz survey, among remodeling homeowners, paint is by far the most common purchase. Sixty-five percent said their home renovation included paint, followed by new light fixtures (51%), faucets and showerheads (46%), and lawn and garden supplies (45%).
Source:
“Here Are the Most Popular Remodeling Projects,” Houzz.com (May 11, 2022)
