227 Alexander Woods Drive Plant City, FL 33563

Alexander Woods Townhomes is an exciting new community that features a nurturing lifestyle rooted in comfort and convenience and is being developed by a County non-profit housing partner that is celebrating their 20th year anniversary of helping over 625 families become homeowners in the Tampa Bay Area. This community will have 80 townhomes of 15 buildings, 13 new & 2 existing never occupied along with clubhouse, pool, playground & picnic area. Prices start in the high $80's with final price set by the lender's appraisal. All buyers must meet eligibility requirements of the County's homebuyer program, specifically, 1) receive first mortgage financing by a County Certified Lender with credit scores typically over 640, 2) occupy the property as primary residence, 3) previous home ownership of not less than 3yrs for existing never occupied units and not currently owning a home for new construction units, 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. If the homebuyer meets these requirements, the buyer's typical out of pocket costs are approximately 2% of the purchase price and the buyer may be eligible for up to 50% of the purchase price in a 0%/$0 payment deferred loan that is forgiven annually if needed to qualify for a 1st mortgage. Come by the model center and take a tour!