City of San Marcos Employee Homebuyer Incentive Program (HOPE)

Administered by: City of San Marcos · City · Forgivable Loan

Funding status: Active

How much assistance

Minimum $5,000 (Forgivable Loan)

Zero-interest forgivable loan. One-third of loan forgiven per year if buyer maintains, owns, and occupies home as principal residence.

Eligibility

  • First-time buyer required: Yes — Must be purchasing first home in San Marcos.
  • Geographic restrictions: Must be a full-time City of San Marcos employee with 6+ months of employment. Property must be in San Marcos.

How to Apply for City of San Marcos Employee Homebuyer Incentive Program (HOPE)

Step 1: Contact the City of San Marcos at (512) 393-8147 or jhendrix@sanmarcostx.gov.

Notes

Exclusively for full-time City of San Marcos employees.

Cities Where This Program Is Available