State housing agency makes $124,800 investment in Temple through homebuyer assistance funds


Recognizing that homeownership is the key to creating stable families and communities, the Texas Department of Housing and Community Affairs (TDHCA) has announced a funding award to the Temple Housing Authority to assist eligible residents with the purchase of their first home and provide much-needed economic benefits to the local construction industry.

TDHCA awarded $124,800 in homebuyer assistance funds to the housing authority which will provide 12 households with down payment and closing cost assistance.

“These homebuyer funds will have an immediate and positive impact on Temple, and I am confident that the Temple Housing Authority will make excellent use of this award,” said Representative Dianne Delisi. “Promoting homeownership strengthens both the family and community, and I applaud TDHCA for making these funds available in my district.”

“The housing market in Temple has simply outpaced the income of some residents,” said Michael Gerber, TDHCA Executive Director. “These funds will help families overcome the biggest obstacle many homebuyers face: meeting the down payment requirements.

“Promoting homeownership is a critical mission of the Department,” he continued. “Besides helping to strengthen families and neighborhoods, these funds will help generate local construction jobs and increase area employment opportunities. We’re proud to help the Temple Housing Authority and contribute to an improved quality of life for all residents.”

TDHCA awards homebuyer assistance funds to eligible applicants through the Department’s HOME Investment Partnerships (HOME) Program, which helps provide down payment and closing cost assistance to qualifying first time homebuyers. Assistance is limited to 6 percent of the home purchase price or $10,000, whichever is greater. Eligible applicants include qualifying units of local government, public housing authorities, Community Housing Development Organizations and other nonprofit groups, and qualifying for-profit organizations.

The U.S. Department of Housing and Urban Development (HUD) is the funding source for the HOME Program. The program is designed to serve households earning no more than 80 percent of the area median family income. For Temple and Bell County, this equals an annual income of $41,600 for a family for four.


The Texas Department of Housing and Community Affairs (TDHCA) is the state agency responsible for affordable housing, community services, energy assistance, and colonia housing programs. The Department annually administers more than $400 million through for-profit, nonprofit, and local government partnerships to deliver local housing and community-based opportunities and assistance to Texans in need.


221 East 11th Street
Austin, Texas 78701

Direct Dial - (512) 475-2200
Toll Free - (800) 500-7074
Fax - (512) 475-1109

Media contact:
Gordon Anderson/512.475.4743
Jill McFarren/512.475.2844

Previous articleState, local housing agencies bolster homeownership with $261,000 award in 8-county area
Next articleState housing agency supporting Terrell with $208,000 in homebuyer assistance funds