Arlington Homebuyer's Assistance Program (AHAP)

Arlington Homebuyer's Assistance Program (AHAP) is a forgivable loan for homebuyers in Arlington, Texas. Up to $20,000 forgivable second mortgage at 0% interest for first-time homebuyers purchasing in Arlington city limits. 5-10 year affordability period based on assistance amount. HOME/CDBG-funded. 80% AMI ceiling. Max purchase $290K existing / $305K new construction. 620 FICO. Arlington Homebuyer's Assistance Program (AHAP) provides up to $20,000 in down payment and closing cost assistance to first-time homebuyers purchasing within Arlington city limits. Structured as a 0% interest deferred forgivable second mortgage with 5-10 year affordability period (5-year for assistance under $15,000. 10-year for $15,000-$20,000). HOME and CDBG funded. Pairs with FHA, VA, USDA, or conventional 30-year fixed first mortgage. 80% AMI ceiling. Maximum purchase price $290,000 existing / $305,000 new construction. Funding comes from Federal and Local.

Arlington Homebuyer's Assistance Program (AHAP) is forgiven after 10 years, so a homebuyer who stays that long does not repay it. Repayment is triggered by Deferred 0% second mortgage. 5-year affordability period for assistance under $15,000 (HUD HOME rule) and 10-year for $15,000-$20,000. If property is sold, refinanced (cash-out), transferred, or vacated as primary residence before affordability period ends, prorata unforgiven balance becomes due in full. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Arlington Homebuyer's Assistance Program (AHAP) is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: First-time homebuyer required (no ownership in past 3 years). Veteran exception per HUD rule. On credit, the program states: 620 minimum FICO across all products. A homebuyer education course is required, through HUD-approved homebuyer education required. Local providers include Housing Channel (Fort Worth/Arlington), Frameworks Community Development Corporation, and other HUD-approved counseling agencies in Tarrant County. Residency requirement: Property must be located in the City of Arlington city limits and occupied as primary residence throughout affordability period. Citizenship or immigration status: U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product overlays. Property must be located in the City of Arlington city limits. First-time homebuyer required (no ownership in past 3 years; veteran exception). Household income at or below 80% AMI for Dallas-Fort Worth-Arlington MSA. Mandatory 8-hour HUD-approved homebuyer education class. Minimum $1,000 borrower contribution from own funds. 620 FICO minimum. Property must be a single-family detached, condominium, or townhouse used as primary residence. 30-year fixed-rate first mortgage required.

Arlington Homebuyer's Assistance Program (AHAP) limits household income to 80% of the area median income, which varies by county and household size. 80% AMI for Dallas-Fort Worth-Arlington MSA per HUD; 1-person $57,050 / 4-person $81,500 / 8-person $107,600 (2025 limits). The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Arlington Homebuyer's Assistance Program (AHAP) caps the purchase price at $305,000. Eligible property types include Single-family detached, condominium, townhouse, PUD. Must be primary residence. New construction is eligible. Manufactured homes are not eligible.

Arlington Homebuyer's Assistance Program (AHAP) names veterans, active-duty service members, reservists and National Guard members, and surviving spouses among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Arlington Homebuyer's Assistance Program (AHAP) serves homebuyers purchasing in Arlington, Texas.

Applications for Arlington Homebuyer's Assistance Program (AHAP) go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Reserved by participating lender at rate lock through City of Arlington Office of Strategic Initiatives. Funds available on first-come, first-served basis subject to annual allocation. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.