Down Payment Assistance Programs Houston
City of Houston HOPE Program
Down Payment Assistance Program Guidelines
The Houston hope is the initiative of the City of Houston to reinvest in some of the Historic neighborhoods of Houston through a combination of activities which are stabilized and providing support for locally-led community creating activities. The aim of Houston HOPE is to create strong neighborhoods that meet the requirements of the current residents and are enticing to returning and new families.
OWN INSTEAD OF RENT
Live in one of Houston’s most established neighborhoods in your own home
DOWNPAYMENT ASSISTANCE
Up to $30,000 qualification to purchase your own home.
ENERGY-EFFICIENT HOMES
Local area builders and Houston HOPE partners provide homes in various types of floor plans with amenities that are energy efficient.
Who Qualifies
There is possibility of qualifying for up to $30,000 in assistance for downpayment
- Someone who is not a current property owner
- Someone with the ability to get a mortgage loan
- For added prerequisites visit houstontx.gov/housing/resource.html
Household income and family size falls at or below:
| Family Size | 80% of the Area Median Income | 110% of Houston’s Median Income |
| 1 | $37,450 | $50,820 |
| 2 | $42,800 | $58,080 |
| 3 | $48,150 | $65,340 |
| 4 | $53,500 | $72,600 |
| 5 | $57,800 | $78,430 |
| 6 | $62,100 | $84,260 |
| 7 | $66,350 | $90,090 |
| 8 | $70,650 | $95,920 |
Houston Homebuyer Assistance
The HHA or Houston Homebuyer Assistance is administered by The City of Houston Housing and Community Development Department. Applicants who are qualified may get funding assistance for closing costs, down payment and prepaid assistance merged with education and counseling about the process of home buying.
The income chart and requirements outlined below should be referred to for more information.
[1] – Houston HOPE
[2] – Workforce Housing
Houston Homebuyer Assistance |
[1] | [2] |
| Assistance fir Downpayment available up to: | $30K | $30K |
| The combination of the family income (includes all members of household) must be at or below | 80% of the area median income | 80% to 110% of the area median income |
| An 8-hour homebuyer education course must be completed (classroom) from any participating HUD-approved Housing Counselling Agency | Yes | Yes |
| Highest sales price | $200K | $150K |
| Must have an investment of at least $500 in the home buying transaction | Yes | Yes |
| For assistance to be forgiven, Must live in home for at least 10 years | Yes | Yes |
| Property must be located in Houston HOPE areas or any area/neighborhood designated by the Mayor of Houston for revitalization. See maps at www.houstonhousing.org. | Yes | Yes |
| Mortgage loan must be processed through one of the Authorized Lending Partners listed at www.houstonhousing.org. | Yes | Yes |
Disclaimer: This can be changed without notice. To verify the current requirements and funding available, Please call us to help you with your homebuyer need.
Utilize the contact form to the right to Contact a Houston mortgage DPA specialist or call us.
Contact Us!
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Como podria aplicar para el programa
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Please give us a call at 888.907.3334
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Could I get some info on how to sign up for the program in getting a house
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Please give us a call at 888.907.3334
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Looking to move and wants to buy instead of renting
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Please give us a call at 888.907.3334
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How can I apply for the program
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I am interested in the down payment assistance program and would like to get more information please.
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Im wanting to buy a home pleases
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Wanting to purchase a home,something I can call my own.I’ve never owned anything in my life and why not start with buying a home… Thanks,Respectfully.
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Needing information on getting assistance on purchasing a home thru city hope program
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Quiero una pequeña casita para mi hijos
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How can l sign for help getting home
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Inquiring about assistance
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I would love information on how to move forward with applying
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How can I sign up for the program?
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NEEDING INFORMATION ON GETTING ASSISTANCE FOR THE HOPE HOME PROGRAM
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Hi yes my husband and I are interested y knowing more about your program.
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Please give us a call at 888.907.3334
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In interested in securing my family and hoping to put them and myself in our own new home and looking for direction with help if you can help me with that please contact me asap 832 696 1757
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Please give us a call at 888.907.3334