Up to $15,000 toward a down payment in TX.
The City of San Antonio Homeownership Incentive Program (HIP 120) provides down payment and closing cost assistance of up to $15,000 to moderate-income first-time homebuyers purchasing within San Antonio city limits. Assistance is structured as a 0% interest second lien: 75% is forgiven over a 10-year period, while the remaining 25% is a perpetual loan due upon sale, refinance, or transfer. Buyers must have household income between 81% and 120% of Area Median Income (AMI) and complete an 8-hour HUD-approved homebuyer education course. A minimum $500 borrower contribution is required.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on San Antonio Homeownership Incentive Program (HIP 120): what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from July 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.