Housing Authority of the City of Austin (HACA) Down Payment Assistance Program

Housing Authority of the City of Austin (HACA) Down Payment Assistance Program

Program Category

Down Payment Programs

Max Amount

Up to $10,000

Agency Website

Contact Info

Daniel Ruiz danielr@hacanet.org
(512) 477-4488

Program Details

Buyer contribution type

$

Income calc method

First mortgage types

Freddie Mac,Fannie Mae,FHA 203(b),VA

First mortgage terms

Fully Amortizing,Fixed Rate,30-year

Property types

Single Family Detached, Condo, Townhome/PUD

Repayment triggers

Sale of the home Change of occupancy Transfer of title

Loan Forgiveness

Fully

Program Guide

Residents Page:
https://www.hacanet.org/residents/public-housing/

Limitations

Eligible properties include: single-family residence (detached house, townhouse, or condominium). New Manufactured homes in approved subdivisions are eligible if in compliance with S.M.A.R.T. housing guidelines from the City of Austin meeting Green Builder standards.

Program is exclusive to current participants of Housing Authority of the City of Austin (HACA) Housing Choice Voucher program or Public Housing program who have resided in either program for more than a year. Participants must be in good standing with their lease obligations prior to submission of their applications for assistance.