Florida has money for first-time home buyers | News

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Florida has money for first-time home buyers
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JACKSONVILLE, Fla. -- Florida Attorney General Pam Bondi announced that money is available to first-time home buyers for help with down payments.

Another $25 million will go toward housing counseling, legal aid programs and the state court system to help with a backlog of foreclosure cases.

On top of that $60 million, Florida has another $200 million from the settlement that state lawmakers will decide how to spend.

House Speaker Will Weatherford promises the cash will be set aside for housing-related needs and not for special member projects.

Florida has already received $3.6 billion in mortgage relief, mainly for principal reductions.

Bondi said tens of thousands of Floridians are still eligible for payments but they are not responding to her office's letters and calls.

"It is approximately 50,000 homeowners who received over $73,000 each," said Bondi. "So if any homebuyer is listening, that's the kind of money that you could be getting."

If you have questions about eligibility call 1-866-430-8358.

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