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Point of View: Sadowski dollars for affordable housing re-allocated to general revenue
Posted Apr 20, 2019 at 7:01 AM It is time to spend Housing Trust Fund dollars on housing… Most people are shocked when I tell them that the Florida Legislature routinely sweeps funds from the Affordable Housing Trust Funds into general revenue. They ask how can they take funds collected for affordable housing and not…
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Up to $25,000 available for struggling Florida seniors with reverse mortgages
Source: Palm Beach Post BOYNTON BEACH – Florida’s senior homeowners who have run out of money after taking on a reverse mortgage can now apply for up to $25,000 in aid through the state’s $1 billion Hardest Hit foreclosure prevention program. Read more…
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Vacant foreclosed homes highest in Florida
Source: Palm Beach Post The number of foreclosed homes that have been abandoned by their owners is by far the highest in Florida with 55,503 properties sitting empty and in some stage of a bank takeover. That’s 33 percent of the national total with Illinois coming second with 17,672 vacant and foreclosed homes. Read more…
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Florida homeowners to get foreclosure restitution checks of $1,480 this month
Source: Palm Beach Post More than 72,000 Florida borrowers whose homes were taken through foreclosure will receive reparation checks this month from the National Mortgage Settlement, which concluded the worth of each loss is $1,480. Read more…
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Florida homeowner tax cut extended; forgiven mortgage debt excluded from taxable income
Source: Palm Beach Post Florida homeowners have one more year to complete a short sale and benefit from a federal tax break that was set to expire Tuesday. Read more…
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Florida homeowners to get mortgage paid for year under new Hardest Hit Fund rules
Source: Palm Beach Post Changes to Florida’s more than $1 billion Hardest Hit Fund announced today will increase the amount of time homeowners can get mortgage assistance and eliminate roadblocks that have stymied program eligibility. Read more…
