Homebuyer Programs in Tampa, FL (2026)

Last updated March 24, 2026 | Population: 403,000 | Median home price: $400,000 | Est. closing costs: $8,000 - $12,000

Skyline of Tampa, FL

Tampa is the largest city in the Tampa Bay area and the economic center of Florida's west coast, with a median home price of approximately $400,000. Tampa homebuyers have access to strong local assistance programs, including the City of Tampa Dare to Own the Dream (DARE) Program offering up to $50,000 in forgivable loans and the Tampa CRA Down Payment Assistance Program providing up to $50,000 for buyers purchasing within a Community Redevelopment Area. Hillsborough County adds further support through its SHIP-funded Down Payment Assistance program (up to $40,000) and the Home Sweet Home Hillsborough Program ($5,000 within Tampa). At the state level, the Florida Hometown Heroes Housing Program offers up to $35,000 in deferred assistance for eligible workers. By combining city, county, and state programs, qualified Tampa buyers may access over $85,000 in total assistance toward their home purchase.

Top Homebuyer Programs in Tampa

City of Tampa Dare to Own the Dream (DARE) Program
Type:
Forgivable Loan
Amount:
Up to $50,000
First-time only:
Yes
Tampa CRA Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Up to $50,000 (50-80% AMI), $40,000 (80-120% AMI), or $30,000 (120-140% AMI)
First-time only:
Yes
HFA of Hillsborough County Mortgage Program
Type:
Deferred Loan
Amount:
Down payment and closing cost assistance as a 0% second mortgage, combined with competitive first mortgage rates
First-time only:
Yes
Hillsborough County Down Payment Assistance (SHIP)
Type:
Deferred Loan
Amount:
Up to $40,000
First-time only:
Yes
Home Sweet Home Hillsborough Program
Type:
Deferred Loan
Amount:
$5,000 within City of Tampa; $30,000 in Hillsborough County outside Tampa (as of December 5, 2025)
First-time only:
Yes
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
Habitat for Humanity Tampa Bay Hillsborough
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with 0% interest mortgage
First-time only:
No
NACA Purchase Program (Tampa)
Type:
Grant
Amount:
No down payment, no closing costs, no PMI, no fees, below-market fixed interest rate
First-time only:
No
Florida Assist (FL Assist) Second Mortgage Program
Type:
Deferred Loan
Amount:
Up to $10,000
First-time only:
Yes
Florida HFA Preferred and Advantage PLUS Program
Type:
Forgivable Loan
Amount:
3%, 4%, or 5% of the first mortgage loan amount
First-time only:
Yes
Florida Hometown Heroes Housing Program
Type:
Deferred Loan
Amount:
Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000
First-time only:
Yes

How to Apply

  1. Step 1:

    Check your eligibility. Review income limits for the programs you are interested in. The Tampa CRA program serves households earning between 50% and 140% of the area median income, with assistance amounts tiered by income level. The DARE program also has income requirements for first-time buyers.

  2. Step 2:

    Complete homebuyer education. Most Tampa programs require a HUD-approved homebuyer education course. Contact one of the City of Tampa's approved counseling agencies

  3. Step 3:

    Contact a local housing partner. Reach out to the City of Tampa Housing and Community Development at 813-274-7954 for city programs. For county programs, contact Hillsborough County Affordable Housing Services. Solita's House also provides comprehensive homebuyer counseling and education.

  4. Step 4:

    Get pre-approved for a mortgage. Work with a participating lender approved by the program you are applying for. The HFA of Hillsborough County and Home Sweet Home programs require a minimum 640 credit score and maximum 45% debt-to-income ratio.

  5. Step 5:

    Find a home within program guidelines. For the DARE program, the property must be within City of Tampa limits. The CRA program requires the home to be within a Tampa CRA boundary. County programs cover all of Hillsborough County.

  6. Step 6:

    Submit your application. Apply through your participating lender. The counseling process through an approved agency typically adds 1-2 weeks to the timeline. Applications are processed on a first-come, first-ready basis.

Frequently Asked Questions

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