2024 HOME Investment Partnerships Program Single Family Contract for Deed Set-Aside
Description
The Texas Department of Housing and Community Affairs announces a Notice of Funding Availability for approximately $1,000,000 in HOME funds dedicated to the Contract for Deed (CFD) set-aside. This funding is part of a reservation system and supports the acquisition, refinance, and new construction of single-family housing occupied by purchasers under an executory contract for conveyance. This program focuses on assisting households in colonias as defined by Texas legislation and those with incomes not exceeding certain thresholds relative to the Area Median Family Income (AMFI).