Florida Programs

Government Grants & Incentives for Real Estate Investors in Tampa

Tampa's combination of no state income tax, Florida Housing's robust LIHTC program, and local CRA incentives makes it one of the most attractive affordable housing investment markets in the Southeast. Rapid population growth has created significant demand for both market-rate and affordable units.

18 designated tracts
Opportunity Zones
$1,592
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

Florida Housing Finance Corporation

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Public Housing Authority

Tampa Housing Authority

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Local Programs

Tampa Government Incentive Programs

These programs are available specifically to investors and developers in the Tampa, FL market.

Tampa CRA Incentive Programs

Community Redevelopment Areas in East Tampa, West Tampa, and Drew Park providing TIF-funded incentives for housing and commercial development.

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Florida SAIL Program

State Apartment Incentive Loan providing low-interest gap financing for affordable multifamily housing, often combined with LIHTC.

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Hillsborough County SHIP

State Housing Initiatives Partnership funds for affordable housing production and homebuyer assistance in Hillsborough County.

Tampa Infill Housing Program

City program supporting the development of affordable housing on vacant and underutilized lots in established neighborhoods.

LIHTC Tax Credits in Florida

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Florida, credits are allocated by Florida Housing Finance Corporation.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

Florida Allocator

Credits are allocated by Florida Housing Finance Corporation through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View Florida Housing Finance Corporation LIHTC Program
Investor Tips

Why Invest in Tampa?

No state income tax — maximizing LIHTC and rental income returns

CRA districts offer TIF incentives in emerging neighborhoods

Florida SAIL provides gap financing to make affordable deals work

Strong population growth driving affordable housing demand

Finance Government-Incentivized Properties in Tampa

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Tampa.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Tampa's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Tampa

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