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Florida Housing Finance Corporation | Hurricane Michael: From Devastation to A Place to Call Home

Published on August 3, 2020
Florida Housing Finance Corporation | Hurricane Michael: From Devastation to A Place to Call Home

When Hurricane Michael made landfall as a Category 5 storm it barreled into Florida’s Panhandle devastating and displacing hundreds of thousands of residents and families. Florida Housing Finance Corporation (Florida Housing) used $5 million in unrestricted funds to create the Hurricane Michael Recovery Loan Program. The program provided below market 30-year, fixed rate first mortgages and up to $15,000 in down payment and closing cost assistance in impacted counties.

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