Harris County’s Single Family New Construction Program (SFNCP) matches individuals and families with opportunities to purchase affordable new homes throughout the county.
The destruction wrought by Hurricane Harvey underscored critical shortages in Harris County’s inventory of affordable, resilient homes. In response, Harris County has partnered with home developers in the community to provide this program, which offers home-buying opportunities in amenities-rich, mixed-income communities to Harris County residents whose household income does not exceed 80% of the Area Median Income (as defined by the US. Department of Housing and Urban Development [HUD]).
As part of Harris County Project Recovery, the Single Family New Construction Program is designed to bridge the gap between what homebuyers can afford and the price of their desired home.
The SFNC Program can provide the following benefits:
- Sales price reduction of up to 45%
- Full closing cost assistance
- Mortgage rate points buydown
- Up to $35,000 in down payment assistance (as-need basis)
Working with our development partners, we have already acquired thirty-six (36) newly constructed homes with plans for more. Additionally, we are working to begin construction on our own homes so that by the end of 2023, there will be a total of up to 171 resilient, affordable new homes available for purchase. In total, plans are underway for an estimated 200 homes that we aim to have sold by the late Summer of 2024.