Check out the City of Houston Down Payment Program

HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT

Homebuyer Assistance Program

Houston’s Housing and Community Development Department (HCDD) administers the City’s Homebuyer Assistance Program (HAP) for eligible low- to moderate-income families. Funds may be used to assist an approved applicant in paying a portion of downpayment and closing costs.

Please click on one of the program links below to find more detailed information about each option.

Combined family income (from all adult household members) must be at or below:
80% of the Area Median Income (AMI) Chart [ A ]
110% of the Area Median Income (AMI) Chart [ B ]
Homebuyer Education/Housing Counseling from a HUD-approved Housing Counseling Agency (listed at www.hud.gov) is required:
Yes
Yes
The minimum investment required from homebuyer is $1,000 (i.e. earnest money, appraisal, etc.):
Yes
Yes
A minimum affordability period is required (See chart below):
Yes
Yes
The property must be located in the City of Houston property tax area:
Yes
Yes

 

2016 Household Income Limits
Family Size
80% of the Area Median Income
(AMI) – Chart [ A ]
Family Size
110% of the Area Median Income
(AMI)
– Chart [ B ]
1
$38,750
1
$53,400
2
$44,300
2
$61,100
3
$49,850
3
$68,700
4
$55,350
4
$76,200
5
$59,800
5
$82,300
6
$64,250
6
$88,500
7
$68,650
7
$94,600
8
$73,100
8
$100,700

 

Affordability Period Established By HUD
Amount of HAP Funds Received: Homebuyer Minimum Affordability Period:
under $15,000 5 years
$15,000 to $40,000 10 years
over $40,000 15 years

*    Limited funds available
**  Contact us for sales price information
Program is subject to change without notice. Additional requirements may be applicable.  The application process is open to the public, and assistance is provided on need and first-come, first-serve basis.

For more information or to schedule a meeting please call, 713-443-3423.

 

LINKS TO ADDITIONAL RESOURCES

Reference:

http://www.houstontx.gov/housing/hap.html

 

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