San Angelo Affordable Housing Assistance Program (AHAP)

Administered by: Galilee Community Development Corporation · City · Deferred Loan

Funding status: Active

How much assistance

Up to $50,000 (40% of sales price) (Deferred Loan)

Must maintain home as primary residence for the length of the mortgage (30 years) to avoid repayment.

Eligibility

  • Income limits: Within 80% of HUD income limit for Tom Green County; minimum income approximately $22,000 per year
  • First-time buyer required: Yes
  • Geographic restrictions: New construction in San Angelo Target Neighborhoods only: Blackshear, Belaire, Lakeview, Reagan, Rio Vista, and Fort Concho.
  • Homebuyer education required: Yes

How to Apply for San Angelo Affordable Housing Assistance Program (AHAP)

Step 1: Contact Galilee Community Development Corporation at (325) 655-6700. Program requires qualification for a minimum $60,000 mortgage through a participating lending institution.

Visit program website

Notes

Funded by San Angelo Development Corporation. Homes typically sell for approximately $100,000 with buydown bringing mortgage to about $60,000. Homes are new construction with energy-efficient design, brick and hardiboard exterior.

Cities Where This Program Is Available