$8,000 home loan program has few takers

A $30 million home loan program approved by Florida Legislators this year has garnered little interest from Palm Beach County homebuyers with few applications completed and no money awarded despite a looming deadline.

The Florida Homebuyer Opportunity Program was created to lend up to $8,000 to first-time buyers for a down payment. The loan is then paid off when the buyer receives the federal tax credit, which, unless extended, will go to people who close on a home by or on Nov. 30.

Full story is available on PalmBeachPost.com

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