What is HOME?
The HOME Investment Partnerships Program (HOME Program) 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 TDHCA HOME Division is responsible for administering the HOME Program on behalf of the State of Texas. Entities approved to administer the HOME Program from TDHCA may use funds for eligible activities such as Homeowner Rehabilitation, Homebuyer Assistance, Contract for Deed Conversion, Tenant-Based Rental Assistance, Single Family Development, and Multifamily Development. TDHCA has set aside funding for Disaster Relief and Persons with Disabilities, among other set-asides.
Who can HOME help?
The TDHCA HOME Division contracts with Units of General Local Government, Public Housing Authorities, and nonprofit and for profit entities that provide affordable housing to low-income families in their local communities. By state law, 95% of HOME funds must be distributed to communities, typically rural, that do not receive HOME funds from HUD (please download the PDF list of communities that are generally ineligible for TDHCA HOME funding (PDF). Additionally, 5% of HOME funds must serve persons with disabilities and is available statewide.
The HOME Division does not directly work with individuals looking for rental assistance or homeownership opportunities. Renters looking for information about affordable rental properties and programs should visit the Help for Texans page of the TDHCA Web site. Homebuyers interested in the Texas HOMEbuyer Assistance Program or other TDHCA down payment assistance programs should contact their local home mortgage lenders to discuss eligibility and how to apply.
- Individuals - visit Help for Texans
- + Units of Local Government (This link reveals a new section.)
- + Public Housing Authorities
- + Nonprofits
- + For Profit Entities
- + Lenders
The HOME Program is currently working directly with lenders to promote its Homebuyer Assistance Program. The Texas HOMEbuyer Assistance Program provides down payment and closing cost assistance to eligible low income (80% AMFI) homebuyers interested in purchasing a condo, townhouse, new Manufactured Housing Unit, or single family home in the six-county area of Bastrop, Blanco, Burnet, Caldwell, Hays, Travis (excluding the Austin city limits), and Williamson counties. Applications must be submitted by the participating first lien mortgage lender. Additional household eligibility, loan, and property requirements apply. More »
The Homeowner Rehabilitation Assistance (HRA) program funds Units of General Local Governments, Public Housing Authorities, and nonprofits wishing to provide the following services under the Homeowner Rehabilitation Assistance initiative: (1) Rehabilitation or 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, (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, and (5) If allowable under the Notice of Funding Availability (NOFA), refinance of existing mortgages meeting federal requirements. More »
The Homebuyer Assistance (HBA) program funds Units of General Local Governments, Public Housing Authorities, and nonprofits wishing to provide: (1) Down payment and closing cost assistance for homebuyers; and (2) Rehabilitation for accessibility modifications of single family housing units as needed. More »
The Contract for Deed Conversion (CFDC) initiative funds Units of General Local Governments, Public Housing Authorities, and nonprofits wishing to assist colonia residents with converting contracts for deed into warranty deeds to attain ownership and property rights. Contract for Deed Conversions may occur 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, and nonprofits wishing to provide the following services to individuals 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 individuals 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. 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 »
Additional funds are set-aside for Units of General Local Governments, Public Housing Authorities, nonprofits, and for profit entities that assist households that include a person with a disability under TBRA and HBA initiatives above. See the TBRA and HBA information provided above for details. Please also visit the Housing Trust Fund Program page for more resources.
Additional funds are set-aside to be accessed in the event of a federally-declared or state-recognized natural disaster and are made available to Units of General Local Governments, Public Housing Authorities, and nonprofits to assist persons needing homebuyer assistance for relocation, rehabilitation, reconstruction assistance, or temporary rental assistance. For a list of entities that currently have an agreement to assist persons in the event of a disaster, visit the HOME Disaster Relief page.