Hat grants are not money, so they really never have to become repaid
- Qualification – There is absolutely no very first-go out homebuyer criteria as eligible for this choice. Also, eligibility requires to own homes is bought inside program’s perimeters (inside Colorado, leaving out the metropolis restrictions off Este Paso and you may Huge Prairie and into the Travis County).
- Money Restrict – Depending on your location inside Tx, the income constraints as qualified to receive this tactic are very different greatly. By way of example, you may make alot more if you’re the latest Dallas-Fort Really worth-Arlington urban area ($99,130 allowable gross household income inside the Collin, Dallas and you may Denton Counties) nevertheless be eligible for the program than you could potentially when the you live in the Waco area (McClennan State: $75,555 and you will Drops State: $61,755). (suite…)