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Who Qualifies

You may qualify for up to $37,500 downpayment assistance; $39,900 for police officers, fire fighters, and teachers.

Qualifications:

Currently not a property owner

Household income and family size falls at or below:

Family Size	80% of Houston's Median Income	120% of Houston's Median Income
1	$45,000	$53,625
2	$40,850	$61,275
3	$45,950	$68,925
4	$51,050	$76,575
5	$55,150	$82,725
6	$59,200	$88,800
7	$63,300	$94,950
8	$67,400	$101,100

Ability to obtain a mortgage loan

For additional requirements visit www.houstontx.gov/housing/
resource.html

Downpayment Assistance Programs

Equal Housing Graphic The City of Houston Housing and Community Development Department administers the city's downpayment assistance programs. These programs provide money for downpayment, closing costs and prepaid assistance couple with counseling and education about the homebuying process.

Refer to income chart and downpayment assistance programs outlined below for more information on each program

[1] - Homebuyer Assistance Program (HAP)
[2] - Houston HOPE
[3] - Workforce Housing Downpayment Assistance Program

Houston Downpayment Programs	[1]	[2]	[3]
Down payment assistance available	$19.5K	$37.5K	$30K
Combined family income (includes all adult members of household) must be at or below	80% of the area median income	80% of the area median income	80% to 120% of the area median income
Must complete an 8-hour homebuyer education course from any participating HUD-approved Housing Counseling Agency	Yes	Yes	Yes
Maximum sales price	$200K	$200K	$150K
Must invest at least $500 in the home buying transaction (i.e. earnest money, appraisal, etc.)	Yes	Yes	Yes
Must live in home for at least 10 years for assistance to be forgiven	Yes	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.houstontx.gov/lara.	No	Yes	Yes
Mortgage loan must be processed through one of the Affordable Lending Partners listed at www.houstonhousing.org.	Yes	Yes	Yes

Disclaimer: Downpayment assistance programs are subject to change without notice. Please call 713.522.HOME to verify current requirements and availability of programs.