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New Home Development Program: Houston Land Bank lots
Houston, TX
Home for sale
New affordable homes on Houston Land Bank lots in Acres Homes, Fifth Ward, Settegast and Sunnyside, with up to $50,000 in buyer help.
Deadline
When to apply
Any time. There's no deadline.
Who can apply
Open to
Any household earning under the limits below.
Other rules from the listing
Area median income is the middle income in the area: half of households earn more, and half earn less.
- Be a U.S. Citizen or permanent resident (this includes a co-applicant and spouse).
- Household income at or below 80% of area median income.
- Be a first-time homebuyer (no home owned in the past three years).
- Live in the home as your main home for an affordability period.
- Finish an 8-hour homebuyer education course.
- Qualify for a 30-year fixed-rate mortgage of at least $100,000.
- Liquid assets of $30,000 or less (savings, stocks and similar).
- Adults must be current on child support, and no household member can be a registered sex offender.
Income limits
The most your whole household can earn in a year, before taxes. These limits are for the highest income level on the posted chart (80% of the middle income in the area). Some homes here may have lower limits.
| Household | Maximum income |
|---|---|
| 1 person | $58,250 |
| 2 people | $66,600 |
| 3 people | $74,900 |
| 4 people | $83,200 |
| 5 people | $89,900 |
| 6 people | $96,550 |
| 7 people | $103,200 |
| 8 people | $109,850 |
Who gets priority
These applicants move up the list.
- For pre-sale homes, the buyer who submits all required documentation first has the first opportunity to buy, if eligible
How to apply
Documents you'll need
- Documentation of legal guardianship for all minor household members ages 17 or younger
Forms
- Income chart (PDF) ↗ · 1 page · English
- Income chart (PDF) ↗ · 1 page · Spanish
- View Program Guidelines (PDF) ↗ · 27 pages · English
What happens next
- 1Find a home you like on a Land Bank lot.
- 2Finish the 8-hour homebuyer class.
Details
Good to know
Builders include DSW Homes and Mayberry Homes on tax-foreclosure lots.Help is paused inside the Fifth Ward and Kashmere Gardens environmental sampling zone.The city's separate Homebuyer Assistance Program is closed for lack of funds.
Source
Listing on houstonlandbank.org ↗Confirm the details with the building or office before you apply.