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An official website of the Texas state government

If you or someone you know is in need of assistance, please visit our Help for Texans Page.

Program Details/Overview

The Homebuyer assistance with new construction (HANC) program is funded through the U.S. Department of Housing and Urban Development’s (HUD) HOME Investment Partnerships Program (HOME Program or HOME). HANC funds organizations to provide mortgage financing to low-income homebuyers for the following activities:

  1. Acquisition and New Construction of site-built housing;
  2. Acquisition and placement of a new Manufactured Housing Unit (MHU);
  3. Construction of Single Family Housing (including placement of an MHU) on a site already owned by the homebuyer.

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

Similar TDHCA Programs

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Contact

For additional information on the HANC program please email HOME@tdhca.texas.gov

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