Tarrant County Homebuyer Assistance Program

What is Tarrant County Homebuyer Assistance Program?

Tarrant County Homebuyer Assistance Program is a forgivable loan for homebuyers in Tarrant County, Texas.

• Tarrant County's Homebuyer Assistance Program provides up to $50,000 in down payment and closing cost assistance as a zero-interest deferred note, forgivable after 10-to-20 years. Buyers must be first-time homeowners earning at or below 80% AMI, have liquid assets under $25,000, and invest a minimum of $1,500. Property must be in Tarrant County outside Fort Worth, Arlington, and Grand Prairie city limits.
• Up to $50,000.
• Zero interest.
• Deferred 10-20 years.
• HUD education required.
• 80% AMI limit.
• Funding comes from Federal.

Do you have to pay it back?

Tarrant County Homebuyer Assistance Program is a forgivable loan, so the balance is forgiven once the program's conditions are met.

• Repayment is triggered by Sale, No Longer Primary, Lease, Transfer of Title, and Foreclosure.
• 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?

Tarrant County Homebuyer Assistance Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Tarrant County Homebuyer Assistance Program limits household income to 80% of the area median income, which varies by county and household size.

• Gross household income must not exceed 80% AMI for the Fort Worth-Arlington MSA; 2025 limits: $59,750 (1 person) to $112,700 (8 persons).
• 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?

Tarrant County Homebuyer Assistance Program can be used for Single-family.

• New construction is eligible.

Where does it apply?

Tarrant County Homebuyer Assistance Program serves buyers purchasing in Tarrant County, Texas.

How do you apply?

Applications for Tarrant County Homebuyer Assistance Program go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact the administering agency to reserve funds

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

3. 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.