New Affordable Housing Initiative Helps Community 'Heroes' Buy Homes
First-responders, teachers, and nurses may receive up to $5,000 towards purchasing a home in the city
WHAT: Mayor Jane Castor will join the City’s Housing and Community Development Division employees, Federal Home Loan Bank of Atlanta representatives and potential homebuyers to announce the details of Tampa’s new Community Heroes Homebuyer Program.
WHERE: Urban 360 Domain Homes, 815 E. Palm Avenue, Tampa, FL 33602
WHEN: June 19, 2019 at 8:30 a.m.
The City of Tampa’s Housing & Community Development Division in partnership with Federal Home Loan Bank of Atlanta is proud to announce the Community Heroes Program. The Community Heroes program provides funds to match the City’s down payment assistance program. Through this added funding community heroes have an even greater opportunity to own a home in the community where they serve. Eligible participants can receive a $5,000 grant to match the $15,000 provided through the City’s “Dare to Own the Dream” Homeownership Program.
Eligible program participants includes:
- Law Enforcement personnel
- Firefighter Rescue personnel
- K—12 Public School personnel
- Hospital/Medical Personnel
- Municipal government personnel
FHLBank Atlanta’s Senior Vice President and Director of Community Investment Services, Arthur L. Fleming, noted that the partnership with the City of Tampa will help build strong relationships among FHLBank Atlanta member financial institutions, local governments, and local builders. “Partnering with local entities is in keeping with the mission of the Federal Home Loan Bank of Atlanta,” said Fleming. “We are excited to work with the City of Tampa and our participating member financial institutions to help some of our most deserving citizens achieve the dream of owning their own home.” The City of Tampa received a $250,000 grant from the FHLBank of Atlanta to match $750,000 in City funding through the SHIP program. To access the program Community Heroes should contact one of the City’s approved housing counseling agencies.
“Homeownership is more than just the American Dream it is a key to housing affordability, wealth building, improving schools and neighborhood safety. Through this program we can help our workforce to obtain a home in the City where they work, stabilize their housing cost and thank them for their service.” Said Vanessa McCleary, HCD Manager.
For additional information, please call the Tampa’s Housing & Community Development Division at (813) 274-7954, or visit our website at www.tampagov.net/HCD.