|
Current Available Funds
Below is a summary of approximate program funds available as
of January 5, 2009:
FTHB Assisted Funds Available
|
 |
Remaining
|
Rate
|
AMFI
|
Amt. of Assistance
|
Program End Date
|
| Program 66 - Non Targeted/Targeted |
$0 |
6.125% |
Up to115/140% |
5% Grant |
11/01/08 |
| Program 66 – Rita GO Zone |
$0 |
5.875% |
Up to 140% |
5% Grant |
11/01/08 |
| Program 68 - Non Targeted/Targeted |
$0 |
6.20% |
Up to115/140% |
5% Grant |
07/01/09 |
| Program 68 - Non Targeted/Targeted |
$0 |
5.99% |
Up to 115/140% |
5% Grant |
07/01/09 |
| Program 68 - Rita GO Zone |
$0 |
5.99% |
Up to 140% |
5% Grant |
07/01/09 |
Program 69 - Non Targeted/Targeted
|
$0 |
5.99% |
Up to 60% |
5% Grant |
12/01/08 |
| Program 69 - Rita GO Zone |
$0 |
5.99% |
Up to 140% |
5% Grant |
12/01/08 |
| Program 70 - Non Targeted/Targeted |
$0 |
6.50% |
Up to 115/140% |
5% Grant |
02/01/09 |
|
FTHB Unassisted Funds Available
|
 |
Remaining
|
Rate
|
AMFI
|
Program End Date
|
| Program 66 - Non Targeted / Targeted |
$0 |
5.625% |
$0Up to 115%/140% |
11/01/08 |
| Program 68 - Non Targeted / Targeted |
$0 |
5.65% |
Up to 115%/140% |
07/01/09 |
| Program 69 - Non Targeted / Targeted |
$0 |
5.25% |
Up to 115% |
12/01/08 |
| Program 70 - Non Targeted/Targeted |
$10,940,930 |
5.75% |
Up to 115%/140% |
02/01/09 |
|
MCC Funds Available
|
 |
Remaining
|
MCC
Credit %
|
AMFI
|
Program End Date
|
| 2008 MCC - Non Targeted |
$2,389,449 |
30% |
Up to 115% |
12/31/10 |
2008 MCC - Targeted
(includes Rita GO Zone) |
$0 |
30% |
Up to 140% |
12/31/10 |
"RITA GO ZONE"
The Texas First Time Homebuyer Program currently has Targeted Funds available to counties located in the "Rita GO Zone," in addition to the other targeted areas in the state. Typically targeted areas are identified by census tracts that have severe economic distress. Due to recent legislation signed on December 21, 2005, The Gulf Opportunity Act ("Rita GO Zone") designates a 22-county area of Southeast Texas as targeted area. Please refer to the "Rita GO Zone" map (PDF) for the 22-county list and other information.
To find a participating lender in your area, visit Step 5: Find a Lender or Realtor on the Buyer page.
|
|

|