Texas rolls out additional funding for mortgage and utility assistance






AUSTIN — The Texas Homeowners Assistance Fund (TXHAF) program is now live and aims to help Texas residents with grants to pay overdue mortgages, property taxes, HOA fees and utilities.

The new program is administered by the Texas Department of Housing and Community Affairs and is accepting applications from landlords statewide. Since the programs launched on March 2, 2022, $9.2 million in assistance has already been disbursed and an additional $693,881,905 is available.

Under the American Rescue Plan Act, the funds have a broad list of uses for homeowners, including facilitating mortgage interest rate reductions, helping pay for utilities, paying high-speed Internet access, down payment assistance loans, delinquent property taxes and Homeowners Association fees or liens.

Funding will be available until December 31, 2026 or until exhausted.

According to current program data, Hidalgo County has already applied for $4.1 million in assistance, with Harris County using $1.1 million of the funds so far this month. Montgomery County only used $122,668 of the funding to help 10 homeowners.

Everyone is welcome to apply for funding and can begin the process at the TXHAF website.

Comments are closed.