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.

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.

Tarrant County Homebuyer Assistance 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.

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.

Tarrant County Homebuyer Assistance Program can be used for Single-family. New construction is eligible.

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

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. 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.