First Time Homebuyer Haven Your Path To Affordable Homeownership In El Paso

El paso / west texas home down payment assistance. At the texas state affordable housing corporation (tsahc), we help people in the el paso/west texas area, and throughout the rest of the state, purchase a home. The purpose of the city of el paso’s first time homebuyer program is to assist low and moderate income individuals and families in achieving their goal of homeownership as well as to promote affordability. To be eligible for the city of el paso’s first time homebuyer program, applicants must complete a guide to homeownership course offered by the el paso credit union affordable housing or project bravo prior to submitting an application. The city of el paso has a first time homebuyers program that can help a family of four making less than $40,150 a year qualify to buy a home!

Fortunately, texas has a strong list of down payment assistance (dpa) programs. This includes two programs available only in el paso, as well as several programs for homebuyers anywhere in the state. Prepare for homeownership on your terms with homebuyer u. For homes purchased within the city limits of el paso, but not within a city of el paso identified priority housing area, the program may provide up to $25,000 in principal reduction and up.