City of Abilene DPA
Down Payment Assistance
City of Abilene DPA Programs
Location Served: Abilene, TX
Provider: City of Abilene
Approved Lender: New American Funding – (512) 524-8077
First-Time Homebuyer Program
Qualified first-time homebuyers can receive up to $3,000 for down payment and closing costs assistance to purchase a home. The program bases the amount for which you qualify on your income and family composition. On the day of closing, the money is paid for downpayment assistance.
Who is eligible for this first time homebuyer program in Abilene?
To qualify, you must be either a resident of Abilene, Texas, or attend a school in Abilene.
- Household Income Limit: $1,000,000,000
- This Abilene downpayment assistance program is only for first-time homebuyers.
Based on participant’s income and family composition, the maximum downpayment assistance is $3,000.
- You must occupy the home as your primary residence.
Single-Family Rehabilitation Program
Abilene offers a Single-Family Rehabilitation Program for assistance with repairs needed to make the home compliant with city codes. The purpose of this program is to help with homes needing extensive repair work. The Office of Neighborhood Services will provide help finding a licensed contractor to perform the repair work if the program participant and the home qualify for the program. The Office of Neighborhood Services provides a loan with either low-interest or deferred payment, which may be forgiven. This program is available only to residents of the City of Abilene.
If you have any additional questions regarding home mortgages, please contact a mortgage expert by filling out the form on the right or calling (512) 524-8077. You can also email Team@CandyBuzan.com.