SC State Housing Authority is excited to announce our 2010 Palmetto Heroes Program. The Heroes selected for the 2010 initiative are Police Officers, Fire Fighters, EMS, and Teachers. Borrower(s) must meet SC State Housing's first-time home buyer requirements. The program features a reduced mortgage interest rate (a fixed rate of 5.125) and down payment assistance is available. The funding will be limited to $40 million. Loans are available on a first-come, first-served basis and borrowers must have an accepted sales contract on a home prior to reserving funds. All SC State Housing loan policies and procedures will be in affect for this program. See our program guides and manual for specific loan details. 

• Police Officers – Borrower must be a full-time police officer with state or local government agency including correctional officers with the South Carolina State Department of Corrections
• Fire Fighters and EMS - Borrower must be a full-time or volunteer fire fighter or EMS with a state or local government agency
• Teachers - Borrower must have a South Carolina Teachers Certification and be employed as a classroom teacher or have a contract to receive a paycheck  begin teaching within 60 days of closing on the home.

For more information on the 2010 Palmetto Heroes Program, click here.