Tampa expands eligibility for home down payment assistance program

The city of Tampa has expanded its eligibility requirements for the "Dare to Own the Dream" homeownership program. First-time homebuyers participating in the program can now purchase a home valued at up to $300,000, a reflection of the rising costs of real estate. The cap was previously $240,000. "That ceiling is not reasonable any longer," Mayor Jane Castor said at a Monday press conference. The city also increased the maximum loan amount for those living on 0% to 50% of the average median…Original Article