Avenue CDC NeighborhoodLIFT Program

Administered by: Avenue Community Development Corporation · Nonprofit · Grant

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.

Cities Where This Program Is Available