"Tarrant County has set aside $300,000 in federal housing funds to help roughly 20 potential homebuyers cover down payment costs-but residents of Fort Worth, Arlington, and Grand Prairie are not eligible. Those cities manage their own federal housing dollars separately. All figures are estimates based on 2025 HUD allocations, since HUD has not yet released 2026 funding amounts. The assistance is available to income-eligible buyers in 30 Tarrant County consortium cities, including Euless, Grapevine, Mansfield, North Richland Hills, and Hurst, among others."
"The county's 2026 Action Plan also flags a development called Patterson Heights-32 federally funded townhomes in Mansfield currently under contract, with construction anticipated this summer. The project is part of a broader push to add affordable units to a tight market. The draft plan notes that "the affordable housing market has not been favorable" and that high construction costs have put federal HOME funds "out of reach for many developers.""
"The county is also directing $441,653 toward repairing at least 15 owner-occupied single-family homes across the consortium area. The program covers full rehabilitations capped at $32,000 per home, priority repairs capped at $15,000, and ADA barrier removal capped at $5,000."
Tarrant County set aside $300,000 in federal housing funds to help about 20 income-eligible homebuyers cover down payment costs, with eligibility limited to 30 consortium cities. Fort Worth, Arlington, and Grand Prairie are not eligible because they manage their own federal housing dollars separately. Funding amounts are estimates based on 2025 HUD allocations because 2026 amounts have not been released. The county’s 2026 Action Plan also includes Patterson Heights, 32 federally funded townhomes in Mansfield under contract, with construction expected to begin this summer. The plan further directs $441,653 to repair at least 15 owner-occupied single-family homes, including full rehabilitations up to $32,000, priority repairs up to $15,000, and ADA barrier removal up to $5,000.
#affordable-housing #homebuyer-assistance #housing-rehabilitation #federal-home-funds #tarrant-county
Read at SFGATE
Unable to calculate read time
Collection
[
|
...
]