San Antonio Homeownership Incentive Program (HIP 120)

Administered by: City of San Antonio Neighborhood and Housing Services Department (NHSD) · City · Forgivable Loan

Funding status: Active

How much assistance

$1,000 to $15,000 (Forgivable Loan)

0% interest, no-payment second loan. 75% of the loan is forgiven over a 10-year period. Remaining 25% is due upon sale, refinance, or end of forgiveness period.

Eligibility

  • Income limits: Household income between 81% and 120% of the Area Median Income (AMI).
  • Purchase price limit: $283,200
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Geographic restrictions: Must purchase within the City of San Antonio city limits.
  • Homebuyer education required: Yes

How to Apply for San Antonio Homeownership Incentive Program (HIP 120)

Step 1: Complete a HUD-approved homebuyer education course, then apply through the City of San Antonio NHSD. Contact (210) 207-6459 or email DownPaymentAssistance@sanantonio.gov.

Visit program website

Notes

Purchase price limit is $283,200 for pre-owned homes and $301,200 for new construction. Designed for moderate-income buyers who earn too much for HIP 80.

Cities Where This Program Is Available