El Paso Texas First Time Homebuying Assistance Info

Dated: February 19 2015

Views: 2987

City of El Paso First Time Homebuyers Program


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 participation in the City of El Paso’s First Time Homebuyer Program, applicants must meet and/or comply with all the following Program criteria:

HOMEBUYER EDUCATION: Applicant(s) must complete a "Guide to Homeownership Course" offered by the YWCA Home Ownership Center, The El Paso Credit Union Affordable Housing or Project Bravo prior to submitting an application.

APPLICANT QUALIFICATION: The gross annual household income of the applicant’s family must be between 60% - 80% of the median income for the City of El Paso, as published by HUD on an annual basis.



60% Annual
80% Annual
Person(s)
Gross Income
Gross Income
1
$21,120
$28,150
2
$24,120
$32,150
3
$27,120
$36,150
4
$30,120
$40,150
5
$32,580
$43,400

For complete information please click the link below:


https://www.elpasotexas.gov/community-and-human-development/housing-programs/first-time-homebuyer-program

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