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Capital Area Housing Finance Corporation + TDHCA Partnership DPA

Capital Area Housing Finance Corporation + TDHCA Partnership DPA is a grant for homebuyers in Texas.

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The program asks for

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course
  • Citizenship or immigration status: yes
  • A home in Texas

It doesn’t cover

  • Households above 120% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Income limit

120% of the area median income where the home is

HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.

Income limits in Texas

Where it applies

Texas’s homes

  • 64.4% single-family
  • 2.9% townhouse
  • 5.3% 2–4 units
  • 20.8% 5+ units
  • 6.7% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$283,800

Texas median home value

33.2%

built before 1980

U.S. Census Bureau, ACS 2024 5-year.

How to apply

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    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.

Questions about this program

What is Capital Area Housing Finance Corporation + TDHCA Partnership DPA?

Capital Area Housing Finance Corporation + TDHCA Partnership DPA is a grant for homebuyers in Texas. Capital Area Housing Finance Corporation partners with TDHCA's Texas Homebuyer Program to provide additional down payment and closing cost gift funds layered on top of TDHCA's standard DPA. CAHFC funds are a non-repayable grant. The program covers nine Central Texas counties: Bastrop, Blanco, Burnet, Caldwell, Fayette, Hays, Lee, Llano, and Williamson, plus the City of San Marcos. Free gift funds stacked on TDHCA DPA. Non-repayable grant. 9-county Central Texas coverage. First-time homebuyer program. Funding comes from Local.

Do you have to pay it back?

Capital Area Housing Finance Corporation + TDHCA Partnership DPA is structured as a grant, so it is not repaid. Repayment is triggered by None — gift funds. The assistance is recorded in Grant (no lien) position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Capital Area Housing Finance Corporation + TDHCA Partnership DPA is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required. Citizenship or immigration status: yes.

What are the income limits?

Capital Area Housing Finance Corporation + TDHCA Partnership DPA limits household income to 120% of the area median income, which varies by county and household size. Families with incomes between 80-120% of Area Median Income (AMI); TDHCA income limits apply for first mortgage. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Capital Area Housing Finance Corporation + TDHCA Partnership DPA can be used for Single-family. New construction is eligible.

Where does it apply?

Capital Area Housing Finance Corporation + TDHCA Partnership DPA serves homebuyers purchasing anywhere in Texas.

How do you apply?

Applications for Capital Area Housing Finance Corporation + TDHCA Partnership DPA go through the administering agency, which publishes the current terms and the application steps on its own site. 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.

Also for Texas homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 112 programs for Texas

Program terms are set by the administering agency and can change; confirm on the official site before you apply.