Tampa Bay CDC

TBCDC sample home locWEST REGION
$1 MILLION FCLF construction line of credit
30 affordable single-family homes

 

From veterans to seniors to those who simply need help with their credit ratings, Florida has a large population seeking affordable housing. For many, the dream of home ownership may seem out of reach. That’s where organizations like Tampa Bay Community Development Corporation step in, to help households find solutions, to offer classes and counseling, and show them the way home.

Tampa Bay Community Development Corporation (CDC) was founded in 1982 to promote home ownership in a Clearwater neighborhood. In 1988, the organization’s focus area expanded to include Pinellas and Hillsborough Counties; and since then Pasco County has also been included in services and housing development.

The mission of Tampa Bay CDC is to provide education, counseling, and housing opportunities, and to revitalize neighborhoods for low- and moderate-income households. As a HUD-approved counseling agency and a NeighborWorks® America member, Tampa Bay CDC has helped more than 50,000 clients with home ownership education and classes, including pre-purchase counseling, finding down payment assistance, and avoiding foreclosure. Florida Community Loan Fund and Tampa Bay CDC have previously partnered on single family affordable homes in Pasco and Hillsborough Counties.

With a $1 million line of credit from Florida Community Loan Fund, Tampa Bay CDC will purchase homes in need of rehab; the homes will then be renovated and sold to first-time low-income home buyers, many of whom already receive counseling and attend classes. The end product is an affordable, move-in ready home. As Tampa Bay CDC enters a new phase of growth, this FCLF financing will allow the organization to purchase & renovate 10-20 homes annually over the next 3 years in Pasco and Pinellas Counties. These new homes can cost as little as $145,000, and when paired with pre-purchase classes and counseling, they can be the answer for a low-income household with a dream of home ownership. Putting homeowners into these reconstructed homes will stabilize market conditions in the communities and decrease the amount of blight. Additional funding is provided by Pasco County’s “POP” (Pasco Opportunity Program).

Learn more at www.tampabaycdc.org

Pictured above, a sample Tampa Bay CDC home similar to those made possible by FCLF financing.

Tampa Bay CDC Logo 2017

"FCLF has proven its community impact and hard work. We are proud to partner with FCLF." – Leslie Watson, Analyst, Community Investments

Dignity Health

“We cannot thank FCLF enough for this partnership, creating permanent housing for our neighbors in need, and their commitment to Florida communities.” – Shannon Nazworth, President & CEO

Ability Housing

"FCLF plays a significant role in sustaining vibrant and thriving communities. We are pleased to support your ongoing community based efforts." – Ernie Diaz, South Florida Market President

TD Charitable Foundation

"We couldn't achieve our mission of creating strong neighborhoods without FCLF's help. Their staff is always friendly, quick to respond, and efficient." – Bonnye Deese, Executive Director

BAND

"Our partnership with FCLF allows us to build an attractive, state of the art facility that patients, staff, and community will be proud of." – Bakari Burns, President-CEO

Orange Blossom Family Health

"We're thrilled to partner with FCLF to make our project a reality to serve generations of kids in our community." – Dawn Stanhope, President & CEO

Boys & Girls Clubs of Manatee County

"We are delighted to partner with you to serve those most in need in our communities." – Eileen S. Coogan, President & CEO

Allegany Franciscan Ministries

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Trinity Health

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CenterState Bank

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Wright's Natural Market

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Sabadell United Bank

"FCLF shows a clear strategy and demonstrated evidence of addressing prevalent community needs." – J. Reymundo Ocañas, Director, Corp Responsibility

BBVA Compass

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Sister Mary Heyser, RSHM

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Fathers Table Foundation

"Thank you to our friends at FCLF. Your staff has been patient and helpful. We'll make you proud!" – Bill Lazar, Executive Director

St. Johns Housing Partnership

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"FCLF has a keen knowledge of Florida challenges & opportunities. We are confident our investment will be used to improve lives." – Kathleen Rizzo Young, Sr. VP, Community Development

HSBC Bank USA, N.A.

FCLF Videos

View video testimonials from FCLF partners.
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  • FCLF and Operation New Hope, Restoring Jacksonville’s Springfield Community
  • FCLF and SW Florida Collaboratory, Bringing Stability to a Fort Myers Neighborhood
  • FCLF and CDC of Tampa, Stability in East Tampa Neighborhoods
  • FCLF and The Transition House: Building Blocks for U.S. Veterans
  • FCLF and Wendover Housing: Building Blocks for An Aging Population
  • FCLF and CFHC: Building Blocks for Low Income Healthcare
  • FCLF, Reflecting on the Past, Shaping the Future
Core Purpose FCLF exists to maximize opportunities for people and places outside of the economic mainstream.
Our Vision Opportunity and dignity exist for every person and community in Florida.
Our Mission Our expertise and capital make projects successful and help organizations improve lives and communities.