QUALIFICATIONS         

Westshore Landings One: Income Qualifications

Westshore Landings One is an affordable workforce townhome project now for sale.

It has 57 units.

Homebuyers may be eligible for financial assistance from the City of Tampa Housing and Community Development Division as described below. The actual amount of down payment and closing cost assistance provided will depend upon a financial analysis of each individual home purchaser. Not all buyers will qualify for the maximum amount of assistance.

In order to be eligible to purchase a townhome, individual unit purchasers must meet  certain income requirements. To qualify for first-time homebuyer down payment assistance from the City of Tampa, homebuyers cannot have owned a home three years prior to qualifying.

Fourteen of the 57 units are reserved for homebuyers whose combined family house- hold income does not exceed 140% of the area’s median income.

The income requirements (click here) are for 2009. Income requirements are adjusted annually.

First-time homebuyer down payment assistance may be available for up to $60,000 or 50% of the total purchase price for purchasers whose combined household income does not exceed 80% of the area’s median income.

First-time homebuyers whose combined income exceeds 80% but does not exceed

120% of area median income may be eligible for assistance up to $50,000. However this cannot exceed 20% of the home’s purchase price.

For information concerning the City’s first-time homebuyer down payment assistance

Program, contact Housing and Community Development, 2105 N. Nebraska Ave.,

Tampa, Fl. 33602, phone number 813-274-7954.

Please complete the Application Packet and submit as indicated in Packet

Application Packet