Homebuyer assistance for select homes in Tarrant County, TX
The TCNSP is to be used for select properties in Forest Hill, Mansfield, Watauga, Saginaw, North Richland Hills, Hurst, Haltom City, and Crowley See existing inventory at www.tchp.net and click on house listings
The TC-NSP is administered by the Tarrant County Housing Partnership, TCHP, and funded by the the US Department of Housing and Urban Development, (HUD) under the Housing and Economic Recovery Act (HERA) of 2008. The funds are to be used to help lessen the impact caused by foreclosures in certain areas.
Tarrant County will provide NSP homeownership assistance for down payment, principal reduction and closing costs of up to $7,500 to assist buyers purchasing properties in existing inventory, www.tchp.net for listings. The subsidy assistance for this program is currently only available for TCHP owned NSP properties in Tarrant County.
There are income guidelines for this program and to view them please visit http://www.tchp.net/. Primary financing must be a traditional, fixed rate first mortgage loan. No subprime mortgages, ARM’s, balloons mortgages or interest only mortgages will be permitted. Mortgage Companies/Lenders must attend the Lender Orientation Workshop hosted by TCHP prior to submitting a client application/file requesting NSP assistance.
Below is one example of an eligible property located in Saginaw, TX. For more details on this property and the program please visit the link above.