Homebuyer Assistance Program

Fort Worth, Texas Housing


The city's Homebuyer Assistance Program (HAP) provides mortgage assistance for income-eligible first-time home buyers with the City of Fort Worth.

Qualifying home buyers can receive a subsidy of up to $14, 999 for homes located in Fort Worth. The buyer can use the full $14, 999 subsidy for mortgage assistance or use $3, 000 of this amount for closing costs and/or down payment.

Eligibility

The following are program requirements:

  • The property must be located within the Fort Worth city limits.
  • You cannot have owned a home in the last three years. Displaced homemakers are also eligible.
  • The home buyer agrees to live in the home as his or her principal residence.
  • The combined family income must not exceed 80 percent of Fort Worth-area median income as established by the Department of Housing Urban Development (HUD).
  • The home buyers' minimum contribution from their own money is the lesser of $1, 000 or two percent of the purchase price of the home.
  • The property must pass the Housing Quality Standard Inspection (HQS), Environmental Review and Lead Hazard Evaluation conducted by the City of Fort Worth at no cost to the home buyers.


Share this article





Related Posts


Fort Worth Texas Rentals
Fort Worth Texas Rentals

Latest Posts
ARLINGTON for Sale
ARLINGTON for…
All information deemed reliable but not…
Dallas Mansions for Rent
Dallas Mansions…
Dallas is sometimes referred to as the…
Rent House Keller TX
Rent House Keller…
Riverside Villas is conveniently located…
Mansions for sale in Dallas Texas
Mansions for…
You ve probably heard of Tudor style…
Express Fort Worth
Express Fort…
The Holiday Inn Express & Suites…
Search
Featured posts
  • Homes for sale in Fort Worth Texas
  • Foreclosed Homes in Fort Worth Texas
  • Fort Worth Texas Rentals
  • Address in Fort Worth Texas
  • Apartments for Rent in Fort Worth Texas
  • New Homes in Fort Worth Texas
  • What is in Fort Worth Texas?
  • Homes for sale Near Fort Worth Texas
  • Cheap Apartments in Fort Worth Texas
Copyright © 2019 l www.movingwithhoward.com. All rights reserved.