Honoring Texas Teachers

May 5, 2023 | by Laura Ross

As the school year comes to a close, we want to take a moment to recognize teachers for their dedication and hard work in educating our children and preparing them for the future. 

Here at TSAHC, we honor the service of Texas teachers by helping them become homeowners through our Homes for Texas Heroes Program. Rising home prices make it difficult for many teachers to purchase a home in the communities they serve. The Homes for Texas Heroes Program makes homeownership more attainable by providing down payment assistance and mortgage interest tax credits that can be claimed every year for the life of a home loan. 

Educators that are eligible for the program include teachers, teacher aides, school librarians, school counselors, and school nurses working full-time in a K-12 public school in Texas. 

Program Benefits:

Our Homes for Texas Heroes program offers multiple assistance options to teachers and other Texas Heroes.  Program benefits include: 

  • A 30-year fixed rate mortgage loan with several rate and loan types available.
  • Down payment assistance (DPA) of up to 5% of the loan amount, which is provided in the form of a grant (which never needs to be repaid) or a forgivable second lien loan.

Teachers that are first-time home buyers may also qualify for a Mortgage Credit Certificate (MCC), which is a special tax credit that reduces a home buyer’s federal income taxes every year for the life of their home loan. Teachers using TSAHC’s DPA and MCC combined will receive the MCC for FREE (a $500 savings)!

Next Steps

If you’re a Texas teacher looking to purchase a home, we recommend you do the following to sign up for our Texas Heroes program:

  • Take the Eligibility Quiz to see if you meet the income requirements.
  • Contact a participating lender to apply.  You will be directed to a list of participating lenders in your area at the end of the eligibility quiz, or you can view the full list here.

Are you a Lender or REALTOR? 

We have resources that will help you share about the Homes for Texas Heroes Program with the teachers that you serve.

Flyers & Brochures
Digital Marketing Resources

If you aren’t signed up to be a participating lender of our programs, sign up today!
For more information on the programs TSAHC offers, view our Train the Trainer webinar.

On the House blog posts are meant to provide general information on various housing-related issues, research and programs. We are not liable for any errors or inaccuracies in the information provided by blog sources. Furthermore, this blog is not legal advice and should not be used as a substitute for legal advice from a licensed professional attorney.

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