Home Real Estate Hillsborough County Affordable Housing reports $54 million investment in 2021

Hillsborough County Affordable Housing reports $54 million investment in 2021

by The 100 Companies

Hillsborough County Affordable Housing (HCAH) invested $54 million into the community in 2021 – a crucial tool as prices skyrocket in Tampa’s housing market.

HCAH funding directly impacted 24,300 households looking for affordable opportunities. Of the $54 million, $24.5 million went to housing programs providing down payment assistance for first-time homebuyers, new construction of multifamily housing complexes and single-family homes, and the rehabilitation of housing structures.

The county also invested $7.3 million for facility and infrastructure improvements to enhance communities, which impacted more than 6,300 households.

More than $12.2 million in COVID-19 funding helped cover past-due housing payments for low-income residents.

– Kelly Hayes, Extensive Enterprises Media

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