Are you a Realtor or mortgage lender working with homebuyers looking to purchase a home within the City of St. Petersburg, Florida?
The City of St. Petersburg offers homeownership assistance programs that may help eligible buyers with down payment and closing costs.
City of St. Petersburg Down Payment Assistance
The City has administered homebuyer assistance through programs that can provide financial assistance to qualified homebuyers purchasing eligible homes within the City.
The City has also established the Affordable Single-Family Homeownership Program within the South St. Petersburg Community Redevelopment Area (CRA). Depending on the specific program and buyer eligibility, assistance may be available for down payment and closing costs.
Some program options have offered assistance of up to $75,000, with the amount and terms depending on household income, property location, program funding, and other eligibility requirements.
Information for Lenders
If you are a mortgage lender working with a buyer who may qualify for a City of St. Petersburg homeownership or down payment assistance program, contact the City's housing department to verify:
- Current DPA program availability
- Lender participation requirements
- Buyer eligibility
- Property eligibility
- Current assistance amounts
- Required first-mortgage financing
- Application and closing procedures
Lenders should verify current program requirements directly with the City before beginning a DPA transaction.
Information for Realtors
If you are a Realtor working with a buyer purchasing a home within St. Petersburg city limits, your client may have access to local homeownership assistance depending on the property's location and the applicable program.
If the property is located within the South St. Petersburg CRA, additional homeownership assistance opportunities may be available to eligible buyers.
Realtors should encourage buyers to connect with the City's housing department or an approved housing counseling organization early in the homebuying process.
📞 City of St. Petersburg — Housing Information
City of St. Petersburg — Housing & Community Development
Contact the City directly for current information about available homebuyer assistance programs, eligibility requirements, and lender participation.
📞 City of St. Petersburg: (727) 893-7111
Housing Counseling & Homebuyer Assistance
Tampa Bay Neighborhood Housing Services (TBNHS) is a HUD-approved housing counseling organization that has worked with the City to provide pre-purchase counseling and homebuyer assistance services.
📞 TBNHS: (727) 442-4155
⚠️ Important: Property Location Matters
The property must be located within the City of St. Petersburg to qualify for City-specific assistance.
Additionally, certain programs may have specific geographic boundaries, including the South St. Petersburg CRA. A St. Petersburg mailing address does not automatically mean that a property is located within a specific City program area.
Always verify the property's exact location and eligibility before referring a buyer to a specific program.
📢 Realtors & Lenders
If you work with homebuyers purchasing in St. Petersburg, connecting with the City or a qualified housing counseling organization early in the transaction can help determine:
- Whether the buyer may qualify
- Whether the property is eligible
- Whether the property falls within a special program area
- Current assistance limits
- Income requirements
- Purchase price requirements
- Required homebuyer education
- Current funding availability
- Lender participation requirements
- Application and closing procedures
DPA Compass is here to help Realtors, lenders, and homebuyers find information about available down payment assistance programs and connect with the appropriate program resources.
Program availability, funding, eligibility requirements, assistance amounts, geographic restrictions, and program guidelines may change. Always verify current requirements directly with the City of St. Petersburg or the applicable program administrator before relying on this information.
