Pasco County Down Payment Assistance Programs — 2026 Guide

Pasco County is one of the fastest-growing counties in Florida, with new communities sprouting along the I-75 and US-41 corridors. Buyers in Wesley Chapel, Land O'Lakes, Zephyrhills, New Port Richey, and other Pasco communities can access county-level DPA on top of state programs — making this growth corridor accessible to first-time buyers.

What DPA Programs Are Available in Pasco County?

Pasco County buyers can access Pasco County SHIP (State Housing Initiatives Partnership) purchase assistance, Florida Hometown Heroes (up to 5% of the loan amount as a forgivable second mortgage), FL Assist ($10,000 deferred-payment second mortgage), HFA Preferred PLUS (up to 5% for down payment and closing costs), and potentially USDA loans in eligible eastern Pasco areas.

Pasco County Community Development administers the local SHIP program with its own application timeline and eligibility requirements.

How Pasco County SHIP Works

Pasco County receives SHIP funds annually and opens application windows throughout the fiscal year. The program typically provides purchase assistance to income-eligible households buying a primary residence within the county. Assistance amounts, income limits, and application requirements are set by the county and may change each funding cycle.

Because Pasco is growing rapidly, SHIP funds can be competitive. Apply early when funding windows open and have your documentation ready.

Best Areas in Pasco County for DPA Buyers

Pasco County offers a wide range of price points. Land O'Lakes is popular for families with newer communities and strong schools. Wesley Chapel features master-planned communities with homes in the $350,000 to $500,000 range. Zephyrhills and Dade City offer the most affordable options, with some areas qualifying for USDA loans. New Port Richey and Holiday provide value on the Gulf side of the county.

Can You Use DPA on New Construction in Pasco?

Yes. Pasco County is a new-construction hotspot, and DPA works on new builds as long as you use a participating lender. Many builders in Wesley Chapel and Land O'Lakes are familiar with DPA transactions, though you may need to use your own DPA-approved lender rather than the builder's preferred lender.

Income Limits for Pasco County

Pasco County shares the Tampa-St. Petersburg-Clearwater MSA with Hillsborough and Pinellas counties, so Hometown Heroes income limits are the same. Pasco SHIP may have different thresholds — confirm with Pasco County Community Development.

Barrett Henry, REALTOR® with REMAX Collective, helps buyers throughout Pasco County find the right DPA combination. With 23+ years of real estate experience, Barrett knows which Pasco communities offer the best value for DPA buyers. Call (813) 733-7907 to explore your options.