Grants for First Time Home Buyers
Federal First Time Home Buyer Grants
Besides the state programs, there are federal funds and grants available to first time home buyers in Texas through the Homes and Communities program of the United States Department of Housing and Urban Development. On their website you'll find complete grant information, application forms, description of available funds, as well as many other helpful tools.
Every potential first time home buyer should investigate what they have to offer. You can visit the website by going here: US Dept. of Housing and Urban Development. Also, there is a website that has a complete list of all grant programs available through the United States Federal Government: Grants.gov. First time home buyers should plan to spend the required time investigating to determine how many individual grants they may qualify for. You can visit the website by going to Grants.gov.
Texas First Time Home Buyer Grants
The agency in Texas that provides assistance to first time home buyers is the Texas Department of Housing and Community Affairs. There is one first time home buyer grant program available: Program 61 - Non-targeted. However, it is currently out of funding. When the programs has funds available, first time home buyers can get a cash grant of 4% to be used for down payment and closing costs. To find out more info about this grant program and when funding will be renewed, please visit the Texas Department of Housing and Community Affairs website page specifically describing all the first time home buyer programs.
