Tampa CRA Down Payment Assistance Program

Administered by: City of Tampa Community Redevelopment Agency · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $50,000 (50-80% AMI), $40,000 (80-120% AMI), or $30,000 (120-140% AMI) (Forgivable Loan)

Zero percent interest deferred payment loan with $0 monthly payments. Fully forgivable after 20 years of continuous owner-occupancy as primary residence.

Eligibility

  • Income limits: Household income between 50% and 140% of area median income. Amount tiered: 50-80% AMI receives up to $50,000; 80-120% AMI receives $40,000; 120-140% AMI receives $30,000.
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Home must be located within a Tampa Community Redevelopment Area (CRA) boundary.
  • Homebuyer education required: Yes

How to Apply for Tampa CRA Down Payment Assistance Program

Step 1: Work with an approved housing counseling agency (Housing and Education Alliance, REACH, Solita's House, or Tampa Bay Neighborhood Housing Services). Complete homebuyer education. Apply through the CRA program with a participating lender.

Visit program website

Notes

Geographic restriction: Only available for purchases within Tampa CRA district boundaries. Counseling adds 1-2 weeks to the timeline.

Cities Where This Program Is Available