The town of Plano’s very first time Homebuyers Assistance and Educati onal Program (FTHB) receives funds through the U.S. Department of Housing and Urban developing (HUD), through the grouped Community developing Block Grant (CDBG) and RESIDENCE Investment Partnerships Program (HOME).
The FTHB system was created to help qualified low and moderate income households to get a property in Plano by giving advance payment and closing expenses help in the shape of deferred payment loans.
- You really must have not owned a true home within the last 36 months. A First Time Homebuyer can be a displaced homemaker in some cases
- Your total home earnings should be 80% or less of this area median income.