VA Loan Network logo
  • Home
  • Apply Now
  • VA Loans
    • Programs
    • Today’s Rate
    • VA Guide
    • Refinance
    • Requirements
    • Benefits
    • State Guides
    • Calculator
  • Resources
    • Bases
    • Pay Center
    • BAH Rates
  • Learn
  • About Us
    • About Us
    • Contact Us

The #1 Trusted Source for Veterans and Service Members

va loan network logo

SAME DAY APPROVAL

No Money Down, Low Interest Rates, No Mortgage Insurance

Check Your Eligibility

first lead form

"*" indicates required fields

Are you looking to purchase or refinance?
What is your goal?
Are you or your spouse retired or active military?
Active Military or Retired?
Are you receiving military retirement or VA Disability pay
Have you received PCS orders?
Where are you in the buying process?
Are you working with a real estate agent?
$350k - $400k
$0
$2m +
This field is hidden when viewing the form
This field is hidden when viewing the form
Is this the first use of your VA entitlement?
What is your credit score?
Do you currently have a home to sell?
Do you currently have a VA loan on your property?*
$350k-$400k
$0
$2m +
$200k - $250k
$0
$2m +
$100k -$120k
What is the rate on your loan ?

Enter your contact details

Name*

By providing your name, email, and phone number, you consent to receive calls and texts from our VA loan specialists and lenders regarding your application. Message and data rates may apply. Your information will be used solely for this purpose. You can opt out at any time.

This field is for validation purposes and should be left unchanged.

Dallas Homebuyer Assistance Program (DHAP)

by Scott Levine | Dec 18, 2024 | Home Buying

Dallas Homebuyer Assistance Program (DHAP)

Last updated on February 9th, 2025 at 05:41 pm

The dream of homeownership can often feel out of reach, especially for first-time buyers facing significant financial hurdles. That’s where the Dallas Homebuyer Assistance Program (DHAP) steps in.

Designed to support low- and moderate-income individuals and families, DHAP offers financial assistance that makes purchasing a home in Dallas more accessible and affordable.

Whether you’re just starting your homebuying journey or considering applying for this program, here’s everything you need to know about DHAP and how it can help you achieve your dream of owning a home in the heart of Texas.

Get Pre-Approved for a VA Loan Today

AI Logo Your Article Summary
Paragraph Bullet Points

In this Article

  • What is the Dallas Homebuyer Assistance Program?
  • Eligibility Requirements
  • Property Requirements
  • How DHAP Works
  • Steps to Apply
  • Additional Programs Under DHAP
  • Benefits of DHAP
  • Challenges and Considerations
  • Making Homeownership Easier with My First Texas Home Program
  • Texas First-Time Homebuyer Programs
  • FAQs About the Dallas Homebuyer Assistance Program

What is the Dallas Homebuyer Assistance Program?

The Dallas Homebuyer Assistance Program (DHAP) is an initiative managed by the City of Dallas Housing and Neighborhood Revitalization Department. It provides financial support for eligible first-time homebuyers to help cover down payment and closing costs.

Key Features of DHAP:

  • Offers up to $60,000 in assistance for homes in high-opportunity areas.

  • Provides up to $50,000 for homes in other areas within Dallas city limits.

  • Assistance is structured as a forgivable loan, which means you won’t need to repay the funds if you meet residency requirements.

  • Requires completion of a homebuyer education course.

For many, DHAP is a game-changer, removing one of the most significant barriers to homeownership—the upfront costs.


Eligibility Requirements

To qualify for DHAP, you must meet several requirements:

Income Limits: Your household income must not exceed 80% of the Area Median Income (AMI). Here’s a snapshot of income limits based on household size:

Household SizeMaximum Income (80% AMI)
1 Person$54,550
2 Persons$62,350
3 Persons$70,150
4 Persons$77,900

Other Criteria:

  • Must be a U.S. citizen, permanent resident, or have eligible immigration status.

  • Must have a valid Social Security card.

  • Must secure lender approval for a first-lien mortgage loan.

  • The home must be within Dallas city limits.


Property Requirements

Not all homes qualify for DHAP assistance. The program has specific guidelines for eligible properties:

Sales Price Limits:

Type of HomeMaximum Price
Existing Home$342,000
New Construction$342,000

Location:

  • The property must be within the Dallas city limits.

  • Homes in high-opportunity areas may qualify for higher assistance amounts.

Condition:

  • The property must meet certain appraisal and inspection requirements.


How DHAP Works

DHAP operates as a forgivable loan, meaning that if you remain in the home and meet residency requirements for a set period, the loan amount is forgiven. This makes the program an attractive option for first-time buyers who plan to settle down in Dallas.

Steps to Apply

  • Complete Homebuyer Education: Take a homebuyer education course through a DHAP-approved provider.

  • Get Pre-Approved: Work with a DHAP-approved lender to secure mortgage pre-approval.

  • Choose a Home: Find a qualifying home within Dallas city limits.

  • Submit Your Application: Your lender will guide you through the DHAP application process.

  • Close on Your Home: Use DHAP funds to cover down payment and closing costs.

Additional Programs Under DHAP

DHAP also includes specialized assistance programs for targeted groups:

  • Targeted Occupations Homebuyer Assistance Program: Provides support for teachers, healthcare workers, and first responders.

  • Anti-Displacement Homebuyer Assistance Program: Helps long-term Dallas residents remain in the city by offering extra financial aid.


Benefits of DHAP

Participating in DHAP offers several advantages:

  • Financial Relief: Reduces the upfront costs of buying a home.

  • Forgivable Loan: Encourages long-term homeownership by forgiving the loan after residency requirements are met.

  • Community Investment: Promotes stable, affordable housing in Dallas neighborhoods.

A DHAP participant, Maria Lopez, shared her experience: “Without this program, I wouldn’t have been able to afford a home in Dallas. DHAP made my dream possible.”


Challenges and Considerations

While DHAP provides significant benefits, there are a few challenges to consider:

  • Residency Requirement: You must remain in the home for the required period to avoid repayment.

  • Limited Funding: DHAP funds are allocated annually and can run out, so it’s essential to apply early.

As housing counselor James Carter notes, “Programs like DHAP are invaluable, but buyers should plan carefully and ensure they meet all requirements.”

Making Homeownership Easier with My First Texas Home Program

The My First Texas Home Program provides affordable mortgage options, financial support, and lower interest rates to help first-time buyers purchase a home with less financial strain.

Key Features:

  • Assistance with Down Payment & Closing Costs – Reduces upfront expenses.
  • Fixed-Rate 30-Year Mortgage – Consistent monthly payments.
  • Lower Interest Rates – Saves money over the life of the loan.
  • Credit-Friendly Qualification – More accessible for moderate credit scores.
  • FHA, VA & USDA Loan Compatibility – Choose a suitable mortgage option.

 


Texas First-Time Homebuyer Programs

If you’re exploring first-time homebuyer programs in Texas, there are several options tailored to different cities. Each program offers unique benefits and requirements, helping first-time buyers overcome the challenges of homeownership.

  • City of El Paso First-Time Homebuyers Program:

    • Offers up to $15,000 in down payment and closing cost assistance.
    • Requires completion of a homebuyer education course.
    • Only applicable for homes within El Paso city limits.
  • City of Houston Homebuyer Assistance Program:

    • Provides up to $30,000 in financial aid for eligible buyers.
    • Focuses on affordability and sustainable homeownership.
    • Available for both new and existing homes in Houston.
  • San Antonio Homebuyer Incentive Program (HIP):

    • Grants up to $12,000 for down payment or closing costs.
    • Targets low- to moderate-income families.
    • Home must be within San Antonio city limits.
  • Austin First-Time Homebuyer Program:

    • Offers up to $45,000 in forgivable loans for down payment and closing costs.
    • Requires an approved homebuyer education course.
    • Only available for properties within Austin city limits.
  • Dallas Homebuyer Assistance Program (DHAP):

    • Provides up to $60,000 for homes in high-opportunity areas.
    • Requires completion of a city-approved homebuyer education course.
    • Includes forgivable loans based on residency duration.

Each program has unique benefits and requirements, so consider your location, financial needs, and eligibility when deciding which program is right for you.

FAQs About the Dallas Homebuyer Assistance Program

What is DHAP?

DHAP is a city-managed program offering financial assistance to first-time homebuyers in Dallas to cover down payment and closing costs.

How much assistance can I receive?

You can get up to $60,000 for homes in high-opportunity areas and $50,000 for other areas within Dallas city limits.

What are the income limits for DHAP?

Eligibility is based on your household income, which must not exceed 80% of the Area Median Income (AMI).

Can I use DHAP for any home?

No, the home must be within Dallas city limits and meet specific price and appraisal requirements.

Is the loan forgivable?

Yes, the loan is forgivable if you meet the residency requirements outlined by the program.

Do I need to take a homebuyer education course?

Yes, completing a DHAP-approved homebuyer education course is mandatory.

Can I combine DHAP with other assistance programs?

Yes, DHAP can often be combined with state or federal programs to maximize benefits.

How do I apply for DHAP?

Start by contacting a DHAP-approved lender, who will guide you through the application process.

Related Posts

dallas exchange headquartersExchange Service Headquarters Guide dallas va loan guideDallas VA Loan Guide Houston Homebuyer Assistance ProgramHouston Homebuyer Assistance Program Austin First-Time Homebuyer ProgramAustin First-Time Homebuyer Program El Paso First-Time Homebuyers ProgramCity of El Paso First-Time Homebuyers Program Veteran Homebuyer Assistance ProgramsVeteran Homebuyer Assistance Programs

Latest Articles

  • $6,000 Grants for Veteran Homebuyers: Your Guide to Assistance
  • Is the VA Funding Fee Tax Deductible?
    Is the VA Funding Fee Tax Deductible?
  • First vs. Subsequent VA Loan Use
    First vs. Subsequent VA Loan Use Explained
  • 2025 VA Loan Rates Are Lower Than Conventional Loans
    2025 VA Loan Rates Are Lower Than Conventional Loans
  • White House Reverses Trump’s Veterans Day Renaming Proposal
    White House Reverses Trump’s Veterans Day Renaming Proposal
  • Less Competitive Housing Market in 2025 Benefits Veterans
    Less Competitive Housing Market in 2025 Benefits Veterans
  • va Non-Allowable Fees
    Non-Allowable Fees for VA Home Loans
  • Understanding the Closing Disclosure on a VA Loan
    Understanding the Closing Disclosure on a VA Loan
  • Understanding the Loan Estimate on a VA Loan
    Understanding the Loan Estimate on a VA Loan
  • Title Insurance on a VA Loan
    Title Insurance on a VA Loan: The Ultimate Guide for Veterans
  • Homeowner’s Insurance on a VA Loan
    Homeowner’s Insurance on a VA Loan
  • Surviving Spouses May Be Exempt from VA Funding Fee
    Surviving Spouses May Be Exempt from VA Funding Fee
  • What Are Discount Points on a VA Loan?
    What Are Discount Points on a VA Loan?
  • VA Tidewater Initiative
    VA Tidewater Initiative: Overcoming a Low VA Appraisal in 2025

Our Latest Article

$6,000 Grants for Veteran Homebuyers: Your Guide to Assistance

VA Loans

  • VA Loan Guide
  • VA Benefits
  • Credit Requirements
  • Loan Requirements
  • First-time Homebuyers
  • VA Loan Process
  • VA Certificate of Eligibility

About Us

    • Apply Now
    • About Us
    • Contact Us
    • Legal Disclosures

 

Follow Us

  • Follow
  • Follow
  • Follow

Our Blog

  • Learn
  • VA Loans
  • Mortgage
  • Real Estate
  • Trends
  • Veteran Life
  • News
  • Credit

Copyright © 2025  VA Loan Network

3128 Napier Pk Shavano Park, TX 78231 Phone: (800) 230-7201 Email: [email protected]

Pin It on Pinterest

Share This
  • Twitter
  • Facebook
  • Pinterest
  • Tumblr
  • Like