If you or someone you know is in need of assistance, please visit our Help for Texans Page.
Overview
What is HOME?
The HOME Investment Partnerships Program (HOME Program or HOME) is funded by the U.S. Department of Housing and Urban Development (HUD). Authorized under the Cranston-Gonzalez National Affordable Housing Act, the purpose of the program is to expand the supply of decent, safe, affordable housing and strengthen public-private housing partnerships between units of general local governments, public housing authorities, nonprofits, and for profit entities.
The Texas Department of Housing and Community Affairs (TDHCA) administers the HOME Program on behalf of the State of Texas, primarily in rural parts of the state.
Eligible Activities
HOME Program funds support a variety of eligible activities including Homeowner Reconstruction, Homebuyer Assistance with New Construction, Contract for Deed, Tenant-Based Rental Assistance, Single Family Development, and Multifamily Development. In addition, TDHCA has set aside funding for Disaster Relief and Persons with Disabilities, among other set-asides.
Single family activities are administered through TDHCA’s HOME Single Family Division, while multifamily activities are administered through TDHCA’s Multifamily Finance Division.
Funding Distribution
By state law, TDHCA must allocate the annual HOME Program funding allocation on a regional basis and 95% of funds must be reserved for non-participating jurisdictions, typically rural, that do not receive HOME funds from HUD. Areas not eligible for TDHCA’s HOME Program funds are included in this List of Participating Jurisdictions in Texas. Additionally, 5% of TDHCA’s HOME funds must serve persons with disabilities who live any area of the state.
Eligible Applicants
TDHCA contracts with units of general local governments, public housing authorities, local mental health authorities, and nonprofit and for profit entities that provide affordable housing to lower income families in their local communities. Application materials and resources may be found at https://www.tdhca.texas.gov/home-application-materials. Applications for participation in the Reservation System are accepted on an on-going, year-round basis.
Individuals in need of assistance may visit TDHCA’s Help for Texans page for assistance resources that may be available in their area.
Programs
The Homebuyer assistance with new construction (HANC) program funds units of general local governments, public housing authorities, local mental health authorities, and nonprofits to provide mortgage financing to low-income homebuyers for Acquisition and/or New Construction of site-built housing, or acquisition and/or placement of a new Manufactured Housing Unit (MHU).
Funds are provided to the homebuyer as a fixed-rate loan with a term of 15-30 years. Interest may be as low as zero percent. More »
The Homeowner Reconstruction Assistance (HRA) program funds units of general local governments, public housing authorities, local mental health authorities, and nonprofits wishing to provide the following services under the Homeowner Reconstruction Assistance initiative: (1) Reconstruction of owner-occupied housing on the same site, (2) New construction of site-built housing on the same site to replace an existing owner-occupied manufactured housing unit (MHU), (3) Replacement and relocation of existing housing located in a floodplain to a new MHU or new construction of housing on an alternative site, or (4) New construction or a new MHU to replace a housing unit that has become uninhabitable as a result of disaster or condemnation by local government. More »
The Contract for Deed (CFD) initiative funds units of general local governments, public housing authorities, local mental health authorities, and nonprofits wishing to assist colonia residents earning not more than 60% of the Area Median Family Income ("AMFI") with converting contracts for deed into traditional mortgages. Contract for Deed activities involve acquisition or refinance along with one of the following additional activities: (1) reconstruction or new construction of site-built housing; (2) Replacement of an existing manufactured housing unit (MHU) with a new MHU; and (3) Rehabilitation of colonia housing. More »
The Tenant-Based Rental Assistance (TBRA) program funds units of general local governments, public housing authorities, local mental health authorities, and nonprofits wishing to provide the following assistance to households in their local communities: (1) Security and utility deposits; and (2) Rental subsidies for up to 24 months while the household engages in a self-sufficiency program. If available, additional funds may be set-aside to provide assistance beyond 24 months for households meeting additional program requirements. More »
HOME provides funding to nonprofits certified as a Community Housing Development Organizations (CHDOs) for the new construction or rehabilitation of affordable single family homes to be sold to qualifying lower income households. More »
HOME provides funding to units of general local governments, public housing authorities, nonprofits, and for profit entities for the new construction or rehabilitation of affordable multifamily rental developments. More »
Other Assistance
Persons with Disabilities (PWD)
Additional funds are set-aside for units of general local governments, public housing authorities, local mental health authorities, and nonprofits to assist Persons With Disabilities (PWD) needing reconstruction assistance or temporary rental assistance. Unlike General HOME Funds, these funds are available for use in Participating Jurisdictions.
Eligible applicants may access these funds by submitting a request for access to the PWD set-aside on the application. Administrators with an existing RSP Agreement may request an amendment to their agreement to access the PWD set-aside.
For more information see the TBRA and HRA information on this page.
Disaster Relief
Additional funds are set-aside for access in the event of a disaster and are made available to units of general local governments, public housing authorities, local mental health authorities, and nonprofits to assist persons needing reconstruction assistance or temporary rental assistance. For a list of entities that currently have an agreement to assist persons using HOME Disaster Relief funds, visit the HOME Disaster Relief page. The TDHCA Disaster Relief Resources page also has additional information on available resources.
Eligible applicants may access the disaster relief set-aside by submitting a request for access to the set-aside on the application. Administrators with an existing RSP Agreement may request an amendment to their agreement to access the disaster set-aside.
For more information see the TBRA and HRA information on this page.