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 $30,000 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.

 

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Dallas County 1 2 3 4 5 6 7 8
120% of median $59,150 $67,600 $76,050 $84,500 $91,250 $98,000 $104,750 $111,500
*2015 Dallas County Income Limits
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Tarrant County 1 2 3 4 5 6 7 8
120% of median $58,550 $66,900 $75,300 $83,650 $90,350 $97,000 $103,700 $110,400
*2015 Tarrant County Income Limits
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*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).

Housing and Neighborhood Services Department
Bill Lawrence, Neighborhood Services Specialist

205 West Church Street
Grand Prairie, Texas 75050
(972) 237-8173  Email: [email protected]

HNS reserves the right to amend without notice, procedures and income limits.