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College Station’s New Construction Program provides income-qualified residents ownership opportunities in many parts of the City. The City supports non-profit affordable housing development through its partnerships with Community Housing Development Organizations and Habitat for Humanity. The City works with these organizations to build a high-quality product that reinforces neighborhood integrity. The construction of new affordable housing units is carried out using HOME grant funds.   To learn more about the Program, please review the Frequently Asked Questions.

If you are interested in purchasing a home, please apply to the Downpayment Assistance Program. Contractors are chosen based on a set of qualifications ensuring the best quality of affordable home is built. Click here for more information about becoming an approved contractor for Community Development projects.

Community Housing Development Organizations (CHDO)


There are currently two CHDO working with the City - Brazos Valley Community Action Agency and Elder-Aid, Inc. The organizations receive funds to carry out affordable housing activities in College Station, including new construction, acquisition, or rehabilitation. These homes or rental units are made available to eligible low- or moderate-income households in College Station.

If your organization is interested in becoming a CHDO for the City of College Station and eligible for affordable housing grants, please contact the Community Development office at (979) 764-3778.

Habitat for Humanity


New construction is also provided by Habitat for Humanity on lots acquired by the City with CDBG funds and then supplied to the non-profit. New homes are made available to eligible first-time homebuyers. Click here for more information about Habitat for Humanity.



FREQUENTLY ASKED QUESTIONS
How is the construction of these homes being funded?

  • Homes are built with HOME Investment Partnership Program grant funds from the U.S. Department of Housing and Urban Development
  • No local funds are used for the construction of these homes or to provide loans to any program applicants

What standards are used in constructing these homes?

  • Homes meet or exceed local and subdivision restrictions and if necessary, approved by applicable Architectural Review Committees
  • Construction quality is comparable to that of surrounding neighborhood homes
  • Chosen contractors are experienced, having track records demonstrating their ability to produce an excellent product
  • Homes promote energy efficiency and include the following features:
    • Energy Star appliances
    • 14 SEER air conditioner
    • Tankless water heater
    • Radiant barrier roofing system
    • Double pane, Low-E windows
    • No VOC interior paint
    • Shaw Green Edge™ carpet
    • Meets or exceeds all Good Cents program requirements

How are these homes priced and sold?

  • Homes are appraised and sold at market values
  • Homebuyers must acquire a private mortgage that provides escrow service and is fully amortizing

How does someone qualify to buy these homes?

  • Homebuyers must be successful applicants in the Down-payment Assistance Program
    • Household income may not exceed 80% of the Area Median Household income
    • Mortgage payments must be between 20% and 35% of monthly income
    • Be employed at the same job for a minimum of six (6) months
    • Have a credit score of 600 or greater
    • Contribute a minimum of 1.5% of the total sales price of the home at closing
    • Complete a homebuyer education course covering information about homeownership including HOA requirements, if applicable.
  • Homebuyers receive shared equity gap financing of up to 30% of the sales price from the City toward a down payment or closing costs on a single-family property, capped at $49,999. The loan is a 0% interest, deferred, second lien loan.
    • Once recaptured, the loaned funds will be used for future affordable housing activities ensuring the long-term viability of Community Development programs.

Last updated: 8/20/2018 4:32:55 PM