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Neighborhood Stabilization Program

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Recently foreclosed homes were purchased by Harris County and are now being offered for resale at $1,000 below the County’s purchase price to pre-qualified buyers who meet the guidelines of the H.O.M.E. program. All homes purchased must be owner occupied for the required affordability period.

Find out more information on how to find a home, schedule a showing and submitting an offer by visiting H.O.M.E. Website.

All licensed real estate agents are welcome to participate in the H.O.M.E. program. The standard 3% commission to the buyer’s agent applies; along with up to 6% contribution toward the buyer’s closing costs.

 

 

Neighborhood Stabilization Program Information:

 

 

Dodd-Frank Wall Street Reform and Consumer Protection Act - On September 8, 2010, the Department of Housing and Urban Development (HUD) announced the allocation of $1 billion in funds for the Neighborhood Stabilization Program as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Funds from this program will be used in conjunction with previous funding for Neighborhood Stabilization Program [Read More]

Housing and Economic Recovery Act - On July 30, 2008, the Federal government passed into law the Housing and Economic Recovery Act of 2008 (HERA) to address the growing foreclosure crisis nationwide. As part of HERA, the Department of Housing and Urban Development (HUD) established the Neighborhood Stabilization Program (NSP) to specifically address the needs of each community. [Read More]

 

Please call our H.O.M.E. Hotline at 713-578-2121
TTY Users: Please contact us through 711

Email your questions and comments to:
HarrisCountyHome@csd.hctx.net

Business Hours: 8 AM - 5 PM, Monday though Friday.
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