State housing agency awards $787,000 to preserve, increase homeownership in Center

State housing agency awards $787,000 to preserve, increase homeownership in Center

AUSTIN, TX – May 6, 2011 – (RealEstateRama) — The Texas Department of Housing and Community Affairs (TDHCA) today announced two awards totaling $787,000 to the City of Center to help promote and maintain homeownership while providing a shot in the arm to the local economy.TDHCA awarded the city $265,000 in homebuyer assistance funds which it will use to provide down payment and closing cost assistance to help an estimated 10 eligible residents purchase a home of their own.

SHARE

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.

Contact:

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 articleReal estate professional adopts IDX Broker software and simultaneously simplifies his online search page
Next articleNELSON CALLS FOR AUDIT OF OMAHA HOUSING AUTHORITY