Faces of Home Stories

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  • HFA News
    January 18, 2011
    According to Michael Gerber, TDHCA Executive Director, the program will help the state respond to a remarkably robust demand for affordable homebuyer products. “Despite all the negatives we hear from other states, the fact is that the Texas economy – and the demand for homeownership – both remain quite healthy,” Gerber said. “Many families want and are ready to take that exciting step toward homeownership, and TDHCA wants to help them achieve their dreams through safe, reliable homebuyer lending products offered through the state, coupled with responsible homebuyer education.”
  • HFA News
    November 5, 2010
    The Texas Department of Housing and Community Affairs today announced that it has reduced interest rates on mortgage loans offered through its Texas First Time Homebuyer Program to historically low levels, further opening the door to safe and responsible homeownership for qualifying low to moderate income Texans.
  • HFA News
    September 22, 2010
    Amid the gloom and doom in local real estate, here's one bright spot: affordable housing. This segment of the market flies under the radar, because it's relatively small, and the stiff competition required to win tax credits further winnows the field.
  • HFA News
    August 25, 2010
    (AUSTIN) — U.S. Department of Energy (DOE) Secretary Steven Chu this week singled out Texas for its significant contribution to the nation’s success in administering federal weatherization stimulus funds, citing the state for dramatically accelerating the pace at which it is weatherizing the homes of low income residents. In Texas, the funds are being administered by the Texas Department of Housing and Community Affairs (TDHCA) through a network of local service providers.
  • HFA News
    August 6, 2010
    The Texas Department of Housing and Community Affairs (TDHCA) today announced that it has awarded a federal grant to the Harris County Housing Authority designed to enhance homeownership opportunities, helping stop declining home values and keeping the community vibrant. TDHCA awarded $802,792 to the housing authority, which will use the funds to purchase eight homes directly from the U.S. Department of Housing and Urban Development (HUD), which is offering the homes at a substantial discount from their appraised value. The housing authority will then rehabilitate and re-sell the homes to eligible low income households.