Pasco County's Programs for Homebuyers

Homebuyer Assistance Program Funding Update

April 1st, 2019

Pasco County Homeownership Assistance Program (HAP) is now open and will end September 30, 2019 or until all funds have been expended. Program is first come, first serve. Click this link to view the full Public Notice:  HAP Funding Public Notice

About HAP and POP:

Information about the two homebuyer assistance programs are now available through one consolidated brochure located here.

 If you have any questions about the homebuyer programs available through the County, please contact Pasco County Community Development at 727-834-3447. 

Maximum Income Levels - Area Median Income (April 2019)

Income Level
50% AMI
80% AMI
120% AMI
Household Size
Very Low
Low
Moderate
1
$23,450
$37,450
$56,280
2
$26,800
$42,800
$64,320
3
$30,150
$48,150
$72,360
4
$33,450
$53,500
$80,280
5
$36,150
$57,800
$86,760
6
$38,850
$62,100
$93,240
  1. HAP
  2. POP

Homebuyer Assistance Program (HAP)

This program provides assistance to income-eligible buyers toward the purchase of a home in Pasco County, including condominiums and town-homes. Eligible homes may be located anywhere in Pasco County, including all six cities. The maximum purchase price of an eligible home cannot exceed $240,000.00. This program is intended to be a first-time homebuyer program. Applicants should not currently own a home or have owned a home in the last three years. The home being purchased with assistance must be the primary residence and claim the Florida Homestead Exemption. 

Properties that are not eligible for assistance:

  • Mobile homes or manufactured homes
  • Property located within a special flood hazard area or repetitive loss area.
  • Property that has experienced a sinkhole or other ground settlement activity, including remediated or stabilized properties.

Applicant households who make less than 120% of Area Median Income (AMI) for the Tampa Bay Area may apply for assistance. Please see the chart above for income levels. 

Income Level
Maximum AssistanceRequired ContributionPayback Amounts (Per month)
Under 50% AMI   (Very Low)
$25,000
$500$69.44 over 30 years after initial 5 year deferral
Under 80% AMI (Low)
$15,000
$1,250$62.50 over 20 years after initial 5 year deferral
Under 120% AMI (Moderate)
$5,000
$1,500$41.67 over 10 years, immediate payback

Buyers are required to contribute some of their own money toward the purchase of their home. Very Low Income buyers are required to contribute $500.00, Low Income buyers are required to contribute $1,250.00, and Moderate Income buyers are required to contribute $1,500.00. Pre-purchase requirements such as home inspections, appraisals, and earnest money deposits may be applied toward the homebuyer’s contribution.

*Funding for both programs is based on current availability for each income level.*

Lender and Realtor Lists:

These Lenders and Realtors have received training and are approved to take applications for the HAP and POP programs.

Resources and Guides for Homebuyers

Homebuyer Class Schedule:

In order to participate in any Pasco County home buyer program, you must attend a County sponsored class. These classes are in all areas of the County. Spanish language classes are also available. Please note that these classes are first come, first serve. If a class is not listed on their website, it may be full. Please call them to confirm that the class is full.

2019 Homebuyer Classes:

To register for our classes, please contact Tampa Bay Community Development Corporation (TBCDC) at 727-442-7075.  Click here to register online.
To register for a class in Spanish, please contact Susana Cristancho at Tampa Bay Community Development Corporation at 727-847-3800.

Houses for Sale through Pasco Opportunity Program

To view all houses available for sale through our Pasco Opportunity Program (POP).

Future Homeowners
Front pic