Dallas Mortgage Assistance Program

The Dallas Homebuyer Assistance Program (DHAP) provides homeownership opportunities to low- and moderate-income homebuyers through the provision of financial assistance when purchasing a home, in accordance with federal, state, and local laws and regulations.

 There are three extensions of the program:

  • Dallas Homebuyer Assistance Program: This program assist homebuyers to purchase a home within the city limits of Dallas. The amount of assistance will be based on need. 
  • Targeted Occupations Homebuyer Assistance Program: This program is designed to provide homeownership opportunities to those who have direct impact in Dallas communities and intended for those in the Educational Instruction and Librarian Services, Healthcare, and Protective Services.
  • Anti-Displacement Homebuyer Assistance Program (DHAP 10):  This program is designed to provide homeownership opportunities for current Dallas residents who have lived within the city limits of Dallas for a period of at least 10 years collectively.

Eligibility Requirements:

For more information on Eligibility Requirements please visit the DHAP Program Manual. 

Dallas Home Buyer Resources:

Dallas Houses For Sale

Dallas Home Inspector

Dallas Title Insurance

Dallas Homebuyer Assistance Program:

  • All Applicants must be a U. S. Citizen, Permanent Resident or Eligible Immigration Status with a valid social security card.
  • Borrowers with annual household income at or below 80% of the Area Median Income (AMI) for household size may be eligible for a DHAP Loan. 
  • Applicant must have an executed real estate sales contract and mortgage lender approval for a first lien mortgage loan. 
  • Assistance will be based on need and the amount may not exceed the following limits:
    • High Opportunity Areas – $60,000
    • All other locations in Dallas – $50,000
    • Housing payment may not exceed 35% of the buyer’s monthly gross income.
  • Home Maximum Sales Price:
    • Existing properties – $271,000
    • New Construction – $271,000
    • Sales price limits are effective for contracts written on or after June 1, 2022

Targeted Occupations Homebuyer Assistance Program:

  • All Applicants must be a U. S. Citizen, Permanent Resident or Eligible Immigration Status with a valid social security card.
  • Homebuyer incomes must be above 80% and not exceed 120% of the Area Median Income (AMI) for household size.
  • Applicant must have an executed real estate sales contract and mortgage lender approval for a first lien mortgage loan. 
  • The program is intended for those in the following occupations:
    • Education instruction and library occupations
    • Healthcare practitioners and technical occupations
    • Healthcare support occupations
    • Protective services occupations, including but not limited to fire fighters and police officer.
  • Assistance is based on need and may not exceed $50,000.
  • There is no sales price limit.  The homebuyer’s sales price will be determined by the mortgage lender based on the borrower’s mortgage qualifying income and credit.  The housing payment may not exceed 35% of the buyer’s monthly gross income.

Anti-Displacement Homebuyer Assistance Program:

  • All Applicants must be a U. S. Citizen, Permanent Resident or Eligible Immigration Status with a valid social security card.
  • Applicants must be a current resident of the City of Dallas and have at least 10 years of residency within the Dallas city limits.  The 10 year residency does not have to be consecutive.
  • Homebuyer incomes must be between 50% and not exceed 120% of the Area Median Income (AMI) for household size.
  • Applicant must have an executed real estate sales contract and mortgage lender approval for a first lien mortgage loan. 
  • Assistance is based on need and may not exceed $50,000.
  • There is no sales price limit.  The homebuyer’s sales price will be determined by the mortgage lender based on the borrower’s mortgage qualifying income and credit.  The housing payment may not exceed 35% of the buyer’s monthly gross income.

Resource:

HOUSING & NEIGHBORHOOD REVITALIZATION