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Homebuyer Programs in Grand Prairie, TX (2026)

Last updated April 6, 2026 | Population: 212,896 | Median home price: $340,000 | Est. closing costs: $7,000 - $10,000

Skyline of Grand Prairie, TX

Grand Prairie is a growing city of over 212,000 residents in the Dallas-Fort Worth metroplex, spanning parts of Dallas, Tarrant, and Ellis counties. With a median home price around $340,000, buyers here can access the City of Grand Prairie Buying Power Program, which provides up to $7,500 as a forgivable grant for down payment and closing costs with no time-in-residence requirement. Dallas County also offers the UPCAP Down Payment Assistance program providing up to $7,500 in forgivable loans for homes under $318,000. At the state level, the My First Texas Home program and the Home Sweet Texas Home Loan Program each offer up to 5% of the loan amount in down payment assistance. Buyers should be aware that some statewide programs, including the SETH 5 Star Texas Advantage Program and the Homeownership Across Texas (HAT) Program, specifically exclude Grand Prairie. By combining city and state programs, eligible buyers could stack over $20,000 in total assistance toward their home purchase.

Top Homebuyer Programs in Grand Prairie

City of Grand Prairie Buying Power Program
Type:
Grant
Amount:
Up to $7,500
First-time only:
Yes
Dallas County UPCAP Down Payment Assistance
Type:
Forgivable Loan
Amount:
Up to $7,500
First-time only:
Yes
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
Dallas Area Habitat for Humanity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with low-interest mortgage
First-time only:
Yes
Home Sweet Texas Home Loan Program
Type:
Grant
Amount:
Up to 5% of the total loan amount
First-time only:
No
Homes for Texas Heroes Program
Type:
Grant
Amount:
Up to 5% of the loan amount (between 3% and 5%)
First-time only:
No
My First Texas Home
Type:
Forgivable Loan
Amount:
Up to 5% of the first lien mortgage amount
First-time only:
Yes
SETH 5 Star Texas Advantage Program
Type:
Forgivable Loan
Amount:
Up to 5% of the loan amount
First-time only:
No

How to Apply

  1. Step 1:

    Check your eligibility. Most programs require household income at or below 80% of the Area Median Income. The City of Grand Prairie Buying Power Program and Dallas County UPCAP both use this threshold. Visit the city's Housing and Neighborhood Services website or call 972-237-8176 to confirm current income limits.

  2. Step 2:

    Complete homebuyer education. All borrowers must complete a HUD-approved homebuyer education course before closing. The Dallas County Home Loan Counseling Center offers free classes in English and Spanish and can be reached at 214-819-6060.

  3. Step 3:

    Get pre-approved for a mortgage. Contact a TSAHC-approved lender if you plan to use the My First Texas Home or Home Sweet Texas programs, as these require participating lenders. For the city Buying Power Program, conventional, FHA, and VA loans are all accepted.

  4. Step 4:

    Contact the City of Grand Prairie Housing and Neighborhood Services at 972-237-8176 or visit their office at 210 W Main St, Grand Prairie, TX 75050 to begin the Buying Power Program application.

  5. Step 5:

    Find a home within program guidelines. The Buying Power Program requires an existing home within Grand Prairie city limits that passes a Housing Quality Standards inspection. If using Dallas County UPCAP, the maximum purchase price is $318,000.

  6. Step 6:

    Submit your applications and complete closing. Allow time for the city's HQS inspection and program processing. Your lender and housing counselor can help coordinate the timing of multiple assistance programs.

Frequently Asked Questions

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