About Tampa Bay Community Development Corporation

Tampa Bay Community Development Corporation

Incorporated in 1982, Tampa Bay Community Development Corporation (CDC) is a 501 (c)(3) non-profit organization and a HUD-approved Housing Counseling Agency which promotes homeownership opportunities to low and moderate income families in Pinellas and Pasco Counties. Depending on where an applicant purchases a home, the annual income may not exceed 120% of the area median income according to household size.

Funded and sponsored by Hillsborough, Pinellas and Pasco Counties, the cities of Clearwater, Largo, and St. Petersburg and the U.S. Department of HUD, Tampa Bay CDC administers the Homeownership Opportunity Program in the following ways:

Downpayment/Closing Cost Assistance

Those clients who need downpayment/closing cost assistance may be eligible to receive assistance in Pinellas County and in the Cities of Clearwater and Largo.

Small Scale New Subdivision Development

Tampa Bay CDC acquires vacant property for the development of new home sites. Utilizing funds from local municipalities, the CDC administers the necessary secondary financing to eligible clients for the construction of new homes.

The HomeBuyers Club of Tampa Bay CDC

Tampa Bay CDC administers The HomeBuyers Club which provides guidance, information and support to families working on a plan to own a home. This also includes post-purchase counseling.

The HomeBuyers Club administers a Foreclosure Prevention Program for those clients who are at risk of foreclosure. Its services may include problem identification, counseling, budgeting and emergency mortgage payment loans.