NeighborhoodLIFT Program

NeighborhoodLIFT Program is a grant for homebuyers in Texas. NeighborhoodLIFT is a collaboration among Wells Fargo, NeighborWorks America, and local NeighborWorks organizations that provides down payment assistance grants of up to $15,000 to income-eligible homebuyers in targeted markets. In Texas, the program has operated in Houston and Dallas-Fort Worth. As of 2025 the BCL of Texas funds may be available on a first-come, first-served basis. Up to $15,000 grant. No repayment if 5-year occupancy met. Homebuyer education included. 5-year deferred forgivable second lien. Funding comes from Nonprofit and Private (Wells Fargo).

NeighborhoodLIFT Program offers up to $15,000 in assistance. Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

NeighborhoodLIFT Program is structured as a grant, so it is not repaid. Repayment is triggered by Sale, Refinance, 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.

NeighborhoodLIFT Program 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.

NeighborhoodLIFT Program limits household income to 80% of the area median income, which varies by county and household size. At or below 80% AMI (varies by metro). Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

NeighborhoodLIFT Program can be used for Single-family. New construction is eligible.

NeighborhoodLIFT Program serves homebuyers purchasing anywhere in Texas. The program gives priority to designated target areas, so the address matters as well as the county.

Applications for NeighborhoodLIFT Program 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.