hey prescott.
See what you qualify for

Grand Prairie Buying Power Program

Grand Prairie, Texas

Last verified
See what you qualify forOfficial program site →
Assistance

$7,500

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is Grand Prairie Buying Power Program?

Grand Prairie Buying Power Program is a grant for homebuyers in Grand Prairie, Texas.

  • City of Grand Prairie grant program providing $7,500 for down payment assistance to income-eligible first-time homebuyers purchasing within Grand Prairie city limits. Income must be at or below 80% AMI.
  • Up to $7,500 for down payment and closing costs.
  • Funding comes from Local Government.

How much assistance does it provide?

Grand Prairie Buying Power Program offers up to $7,500 in assistance.

  • Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

Grand Prairie Buying Power Program is structured as a grant, so it is not repaid.

  • Repayment is triggered by Sale and No Longer Primary.
  • 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.

Who qualifies?

Grand Prairie Buying Power Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A minimum 620 credit score
  • A completed homebuyer education course
  • Residency: City Resident
  • Citizenship or immigration status: U.S. Citizen or Permanent Resident
  • Within Grand Prairie city limits; first-time homebuyers or haven't owned home in last 3 years; income eligible

The program excludes

  • Households above 80% 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.

What are the income limits?

Grand Prairie Buying Power Program limits household income to 80% of the area median income, which varies by county and household size.

  • 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?

Grand Prairie Buying Power Program can be used for Single Family, Condo, and Townhouse.

Where does it apply?

Grand Prairie Buying Power Program serves buyers purchasing in Grand Prairie, Texas.

How do you apply?

Applications for Grand Prairie Buying Power Program go through the administering agency, which publishes the current terms and the application steps on its own site.

  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 buyer can take it to a lender or housing counselor.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Grand Prairie Buying Power Program, explained

A short, free course on Grand Prairie Buying Power Program: what it is, who it is for, whether it has to be paid back, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

Read the course

Other programs in Grand Prairie, Texas

See every program in Grand Prairie, Texas →

90-second match

Not sure which you qualify for?

Answer 9 questions and we'll match you to every program you can actually use — in about 90 seconds. No SSN, no credit pull.

Find my programs