Avenue CDC NeighborhoodLIFT Program
Funding status: Active
How much assistance
Up to $15,000 (Grant)
Forgiven after 5 years of homeownership. Full amount becomes equity after the 5-year period.
Eligibility
- Income limits: Combined annual household income at or below $72,640
- First-time buyer required: Yes
- Geographic restrictions: Houston metropolitan area including Harris County.
- Homebuyer education required: Yes
How to Apply for Avenue CDC NeighborhoodLIFT Program
Step 1: Complete an 8-hour homebuyer education course from an eligible provider, then obtain a pre-approval letter from an approved NeighborhoodLIFT lender. Education certificate must be dated within 12 months of application.
Notes
Funded by Wells Fargo and NeighborWorks America. Avenue CDC is a HUD-approved housing counseling agency that also provides one-on-one counseling and personalized action plans.