Tag: brad drake
Expected to launch September 1, the Hurricane Michael Recovery Loan Program will offer below market 30-year fixed rate first mortgages coupled with up to $15,000 in down payment (DPA) and closing cost assistance for qualified homebuyers. DPA loans will be zero percent interest, non-amortizing and forgivable at 20 percent per year over five years. The DPA loan is fully forgivable if an active duty serviceperson is officially reassigned and must sell the home.
They also joined Bay District Schools Superintendent Bill Husfelt in meeting students and teachers in the Lynn Haven area who were impacted by the hurricane.
Nikki Fried: Panhandle Needs More Help, Including Sales Tax Exemption, for Hurricane Michael Recovery
Three months after Hurricane Michael slammed into the Panhandle, parts of that region are continuing to recover--and state Agriculture Commissioner Nikki Fried is calling for more funds and a sales tax exemption to help speed up the process.