Income (at or below)
All members of the Household must be included. The Total Household Income cannot exceed 120% of the Area Median
Income. The following are the household size income limits for Hillsborough County effective 03/06/2015.
Income limits per household count using 120% AMI
Properties will be sold at either sales price or appraised value, whichever is less.
Fair to Good credit and all collections, liens and judgments must be paid off with a six month history of on-time payments thereafter.
However, compensating factors such as a good rental history, long time on the job, savings, low loan-to-value etc. may help.
Down Payment (out of pocket)
City of Tampa
- 1% of the purchase price and up to 2% if under the 25% minimum housing ratio (See HBA below)
- $500-50% AMI or below; $1,000 – 80% AMI or below and lesser of $2,000 or 2% of Purchase Price-120% AMI or below.