Foreclosed Home Purchase Assistance Grant Program (4-Home)
- Assists qualified low, moderate and middle-income families purchase foreclosed homes in Grand Prairie.
- Provides up to a $20,000 grant to assist qualified buyers with down payment, closing costs and rehabilitation costs of foreclosed homes in approved census tract.*
- House must be purchased at 1% discount from independently appraised value unless otherwise approved by the city.
- NOTE: The city of Grand Prairie’s Neighborhood Stabilization Program is near grant closeout phase. Funds will be issued on a first come first served basis at the time of closing.
|120% of median||$59,150||$67,600||$76,050||$84,500||$91,250||$98,000||$104,750||$111,500|
|*2015 Dallas County Income Limits|
|120% of median||$58,550||$66,900||$75,300||$83,650||$90,350||$97,000||$103,700||$110,400|
|*2015 Tarrant County Income Limits|
*The buyer must choose a home in a census tract with a score of 5 or higher in order to be eligible for the Neighborhood Stabilization Program (NSP).