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The
First Time Homebuyer Program channels low interest
rate mortgage revenue bond funds through participating
Texas lenders to eligible families and individuals who
are purchasing their first home or who have not owned a
home in the past three years. Eligibility is determined
by a variety of factors - most importantly, income and
first time homebuyer status. |
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Single
Family Bond Programs
The Single Family Bond Programs promote homeownership
for very low and low income individuals and families as
well as families of moderate income. The programs
provide below market fixed interest rate loans and
promote the development of affordable housing stock. |
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Down
Payment Assistance Program (DPAP)
When funding is available, TDHCA offers Down Payment
Assistance to assist very low and low income families
(60% AMFI) in purchasing a home by providing an interest
free loan for down payment and allowable closing costs. |
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