Some local programs are trying to help families pay homebuying costs and provide resources to cost-burdened renters. Here’s a list of several programs...
and $50,000 in all other areas. A high-opportunity area in Dallas is determined by levels of poverty. Applicants must have a household income of less than 80% of the Dallas-area median family income, which is $57,000 for a household of two or $71,200 for a household of four. Homebuyers must also pay at least $1,000 toward the purchase and have at least 2 months of monthly mortgage payments in savings after closing.
dallascityhall.com/departments/housing-neighborhood-revitalization/Pages/Mortgage-assistanceLoan-registration.aspxDallas County residents who are first-time homebuyers, meet the income and property requiremen, and pre-qualify for a mortgage may get up to $7,500 for down payment and closing costs. Homes purchased must be in participating cities or in an unincorporated part of Dallas County. Participants’ income can’t exceed $62,350 for two-person households or $77,900 for a four-person household.
for participants who meet specific income and employment requirements. DHA owns and manages housing properties across Dallas and also provides Housing Choice Vouchers to qualified households. Two-person households can make up to $62,350 and four-person households can make up to $77,900 to qualify for DHA programs.
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