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Homebuyer Programs in The Woodlands, TX (2026)

Last updated April 6, 2026 | Population: 118,000 | Median home price: $580,000 | Est. closing costs: $11,500 - $17,500

Skyline of The Woodlands, TX

The Woodlands is a master-planned community in Montgomery County, Texas, situated about 30 miles north of downtown Houston. With a median home price around $580,000, it is one of the higher-priced markets in the Houston metro area. Buyers here can take advantage of several Texas state programs, including the My First Texas Home program offering up to 5% of the loan amount as a forgivable loan and the Homes for Texas Heroes Program providing up to 5% as a grant for teachers, first responders, and veterans. The Montgomery County HOME Down Payment Assistance Program through Easter Seals Greater Houston offers up to $12,600 as a grant, though its purchase price limits are well below The Woodlands median. Portions of The Woodlands in Harris County may also qualify for the Harris County Down Payment Assistance Program offering up to $23,800. By combining state and county programs, eligible buyers can stack meaningful assistance toward their home purchase.

Top Homebuyer Programs in The Woodlands

Harris County Down Payment Assistance Program (DAP)
Type:
Forgivable Loan
Amount:
Up to $23,800
First-time only:
Yes
Montgomery County TX HOME Down Payment Assistance Program
Type:
Grant
Amount:
Up to $12,600
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
Habitat for Humanity of Montgomery County TX Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable mortgage on a Habitat-built home
First-time only:
No
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. Review income limits for Montgomery County and Harris County programs. Most programs require household income at or below 80% of the Area Median Income.

  2. Step 2:

    Complete homebuyer education. Take a HUD-certified 8-hour homebuyer education course. Easter Seals Greater Houston at 832-405-4306 can connect you with approved courses in the Montgomery County area.

  3. Step 3:

    Contact a local housing partner. Reach Easter Seals Greater Houston at 832-405-4306 for the Montgomery County HOME DPA program, or Harris County Housing and Community Development at 832-927-4700 if you're buying in the Harris County portion of The Woodlands.

  4. Step 4:

    Get pre-approved for a mortgage. Work with a TSAHC-approved lender to access state programs like My First Texas Home or Homes for Texas Heroes, which offer up to 5% of the loan amount toward your down payment.

  5. Step 5:

    Find a home within program limits. Note that the Montgomery County HOME DPA has a purchase price limit of $282,000 for existing homes. State programs have higher limits based on county-specific maximums set by TDHCA.

  6. Step 6:

    Submit your application and close. Your lender and housing counselor will coordinate program paperwork alongside your mortgage. Allow extra time for program processing.

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