City Government Housing Programs Forms for Travis
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FAQ
Are you eligible?have a gross household income of no more than £90,000 a year.are an existing shared owner.do not already own a home or have sold your home before your purchase.are unable to buy a property that suits your needs on the open market.
HUD requires 75% of all new households admitted to the program be at or below 30% of the area median income. Eligibility is based on several factors, including the household's income, size and composition, citizenship status, assets, medical and childcare expenses.
To find out if you qualify for affordable housing, you need to know that it is all based on a formula set by the median family income, or MFI which, for a family of four in Austin, is $95,900 a year. Any family making 80% of that, or $75,500 a year or less, qualifies to get into these affordable housing units.
The program provides financial assistance for decent, safe and sanitary housing to eligible households whose annual gross income does not exceed 50% of HUD's median income guidelines. HUD requires 75% of all new households admitted to the program be at or below 30% of the area median income.
To apply for either type of help, visit your local Public Housing Agency (PHA).PHAs in Texas.Questions? Email or call our Public and Indian Housing Information Resource Center toll-free at (800) 955-2232.
Austin Affordable Housing Corporation (AAHC) is a nonprofit subsidiary of the Housing Authority of the City of Austin (HACA) created in 2003 to ensure and preserve quality, affordable housing opportunities for low- to moderate-income families in Austin as well as provide financial literacy and homeownership