111 Alexander Woods Dr, Plant City, FL 33563

Alexander Woods Townhomes is an exciting new community that features a nurturing lifestyle rooted in comfort and convenience. The developer and builder is a County non-profit housing partner celebrating their 20th anniversary helping over 625 families become homeowners in the Tampa Bay Area. When completed, this community will have 80 townhomes including a clubhouse, pool, playground and picnic area. Starting prices in the low $100's and finalized by the lender's appraisal. ALL buyers must meet eligibility requirements of the County's homebuyer program, which includes; 1) receive FHA/VA/Conventional/Bond first mortgage financing by a County Certified Lender with credit scores over 640, 2) occupy the property as primary residence, 3) not currently own any real estate, 4) total annual household income based on family size cannot exceed 120% of the Area Median Income (1/$48,240, 2/$55,200, 3/$62,040, 4/$68,880, 5/$74,400, 6/$79,920), 5) not have liquid assets over $20,000 excluding retirement accounts, 6) attend a homebuyer class, 7) US Citizen and/or Qualified Alien. If the homebuyer meets these requirements, the buyer's typical down payment & out of pocket costs are approximately $2,000. County down payment assistance amounts vary based upon Buyer's need as determined by standard qualifying housing and total debt ratios. This assistance is in the form of a 0%/$0 payment deferred 2nd mortgage loan that is forgiven annually. Come by the model center and take a tour!