Mortgage Assistance Program

The City of Tampa offers down payment assistance loans to income eligible home buyers of property within the City limits of Tampa. The loan is in second position behind primary financing from a mortgage lender and is typically known as a “silent second” because of the 0% rate and $0 monthly payment. The Deferred Payment Loan (DPL) can remain “silent” as long as the property continues to be the owner’s primary residence and owner occupied. The program provides up to $14,999 to assist income eligible first time homebuyers to achieve the dream of homeownership. Here are the basic highlights of the City-Wide Mortgage Assistance Program:


  • Potential buyer must begin process with one of four approved Housing Counseling agencies and must NOT be under contract before registering for the homebuyer education. The Counseling agency will provide education, complete application with client and collect documentation.  (See attached list of approved agencies.)
  • $14,999** Max award. Down payment: up to 20% of the purchase price or $10,000 whichever is less, toward the down payment. Closing costs: 50% of closing costs up to a maximum of $4,999, whichever is less.
  • Fully Forgivable after 5 yrs, assuming still owner occupied.
  • Income calculated based on HOUSEHOLD income, not just the loan applicant.
  • Household income must be below 120% Area Median Income (AMI).
  • Debt ratios of 31/45%. Minimum Credit Score of 600.
  • Total of $2000 investment from the borrower with a minimum of $1000 from  borrower’s own verifiable funds. The additional $1000 may include POC’s (appraisal, inspections, etc…)
  • Loan types are flexible – Includes fixed and fully amortized products: FHA/VA, Conventional, Affordable Housing Products, ARM loans are not allowed
  • Home inspection by the buyer is required before closing.


** Not All Buyers Will Qualify For Max Award, Depending On Need**


Home Buyer Education Providers

The City of Tampa’s Housing and Community Development Division (HCD), through its Housing Counseling Agency partners, will be providing Homebuyer Education classes (English and Spanish), Homebuyer Counseling services and Mortgage Assistance Program for qualified homebuyers. To participate, contact any of the following housing counseling agencies to begin the process:   

Participating Housing Counseling Agencies 

CDC of Tampa, Inc.

1907 E. Hillsborough Avenue

Tampa, Florida 33610

(813) 231-4362


Center for Affordable Homeownership

5301 W. Cypress St.

Tampa, FL 33607

(813) 341-9101


Solita’s House

3101 E. 7th Ave.

Tampa, FL 33605

(813) 425-4847


Tampa Bay CDC

2139 NE Coachman Rd

Clearwater, FL  33765

(727) 446-6222

FHA Assistance for Home Owners - Short Sales (pdf)

US Department of Housing and Urban Development (203k with rehab assistance)