TDHCA to the rent rescue

WASHINGTON, D.C. – September 15, 2015 – (RealEstateRama) — One unfortunate trait shared by many rural Texas communities is a shortage of safe, decent rental housing. Because of this short supply, it can be extremely difficult – not to mention expensive – to secure such housing.

The good news is that TDHCA administers the HOME Investment Partnerships Program (HOME) through a network of local providers, which, among other activities, help qualifying households pay their rent for up to 24 months while helping meet their security or utility deposit requirements.

To ensure these households receive only the level of assistance necessary to “get on their feet” and to achieve economic independence, recipients are also required to attend self-sufficiency classes.

The HOME Program provides funds to primarily rural cities and counties, public housing authorities, and nonprofit organizations serving these communities for tenant-based rental assistance. (Note: Several cities and counties (HUD.gov) in Texas receive HOME funds directly from the federal level and thus have limited access to TDHCA’s HOME funds)

These entities work directly with income eligible individuals and families at the local level in accepting applications for assistance, determining eligibility, and working with prospective landlords to coordinate rent payments.

If you’re interested in learning more about how the HOME Program’s rental assistance component can benefit your community, please visit the program’s Tenant-Based Rental Assistance page.

If you know someone experiencing difficulties finding decent, affordable rental housing, please visit the Department’s Help for Texans page to find the nearest agency administering TDHCA’s rental assistance funds.

SHARE
Previous articleAHP Grant to Help Men’s Center Build New Housing Complex in Houston
Next articleHunt Mortgage Group Closes First Bridge Healthcare Deal