Texas Housing announces Down Payment Assistance

of up to $14,500 for a First Time Home Buyers*

The Economics Recovery and Reinvestment Act has released Billions of Dollars to stimulate the housing market in Texas. Buyers can have a family income of up to $150,000. Purchase price is limited to $417,000. Must be a first time homebuyer who has not owned a home in 3 years. The Down Payment Assistance Program pays for all of The FHA or Fannie Mae required down payment conditions and allows for up to 6% closing cost to be paid by the seller.