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Local City Programs

Down Payment Assistance Programs for Frisco, Texas:

  • Frisco Down Payment Assistance Program
    • For families with at least one working full-time adult in Frisco for at least 6 months
    • For assistance with homes being purchased in Frisco
    • Provides “forgivable” loans up to $10,000 for qualified homebuyers for down payment and closing costs
    • Usually must be first time homebuyers and required to pay 50% of closing costs
    • Income and purchase price limits apply
    • Refer to the City of Frisco’s Down Payment Assistance Program brochure for details
  • Frisco Targeted Down Payment Assistance Program
    • For families with at least one adult working full-time for the City of Frisco or Frisco ISD for at least 6 months
    • For assistance with homes being purchased in Frisco
    • Provides “forgivable” loans up to $10,000 for qualified homebuyers for down payment and closing costs
    • Income and purchase price limits apply
    • Refer to the City of Frisco’s Targeted Down Payment Assistance Program brochure for details
  • Click here for details on both programs and for an application on the City of Frisco web site

Down Payment Assistance Program for McKinney, Texas:

  • Provides down payment and closing costs assistance to low-to-moderate-income first-time homebuyers within the City of McKinney
  • Provides a “forgivable” 5-year loan up to $7,500 at 0% interest for down payment and non-recurring closing costs
  • Must be a first-time homebuyer who hasn’t owned a home in the last three years
  • Home cannot cost more than $132,000
  • Additional restrictions/requirements apply
  • For details, contact info, and application, go to the City of McKinney Down Payment Assistance Program page