New, affordable single-family homes going up in East Tampa in hopes of revitalizing the area

Posted at 6:19 PM, Sep 28, 2017
and last updated 2017-09-28 18:19:47-04

The Corporation to Develop Communities of Tampa, Inc. is celebrating the completion of the first four of more than a dozen new homes being built in East Tampa.

The single-family homes have three bedrooms and two bathrooms and expected to sell for $165,000. The objective in building up the neighborhood is to not only revitalize it, but also make it a choice destination for families looking for a place to live. 

The new project is located on Columbus Avenue between 15th Street and 22nd Street.

Financial assistance is also available with closing costs for eligible parties up to $15,000. The four homes that are already up have income restrictions of $47,850 per family of four.

The Corporation to Develop Community of Tampa, Inc has assisted more than 11,000 youth and adults acquire employability skills and vocational training, resulting in a 35 percent increase in wages earned.

They also provided 3,560 families with housing counseling creating 1,042 new homeowners and allowing an additional 1,875 families to keep their homes through foreclosure prevention.