Homeownership Incentive Program (HIP 120) (TX)

City of San Antonio Neighborhood and Housing Services Department · City of San Antonio, Texas

Forgivable loan Offered

At a glance: $1,000-$15,000, forgivable loan (forgiven if you meet the terms). Checked against the official page on Nov 3, 2026.

Program details
Assistance type	Forgivable loan — Forgiven if you meet the terms
Amount	$1,000-$15,000
Income limit	2025 limit for a family of four: $120,700
Purchase price limit	$301,700 existing home; $332,800 new construction
First-time buyer rule	Not verified on the official page — check the source
Status	Offered
Status note	Not verified on the official page — check the source
Details	0% interest, no payments. 75% of the loan is forgiven over 10 years and 25% is perpetual. An 8-hour homebuyer class and a $500 earnest money deposit are required, and the home must be inside San Antonio city limits.
Official source	https://www.sa.gov/Directory/Departments/NHSD/Housing-Support/Homeowner-Support/HIP (opens in new tab)
Last checked	Nov 3, 2026 (manual read (site blocks automated fetch))

Go to the official program page ↗ Report a correction

Other Texas programs

Homebuyer Assistance Program (HAP) — Up to $75,000, based on financial need
Dallas Homebuyer Assistance Program (DHAP) — Up to $60,000 in High Opportunity Areas; up to $50,000 elsewhere in Dallas
Down Payment Assistance — Up to $40,000
Homebuyer Assistance Program (HAP) — Up to $25,000
Welcome Home El Paso Grant Program — Up to 5% of the purchase price
Homeownership Incentive Program (HIP 80) — $1,000-$30,000
My First Texas Home — 2% to 5% (subject to availability)

← All Texas programs · Check eligibility · Compare with other programs

Common questions

How much is Homeownership Incentive Program (HIP 120)?

$1,000-$15,000 (per the official page, checked Nov 3, 2026).

Is Homeownership Incentive Program (HIP 120) a grant or a loan?

Forgivable loan: forgiven if you meet the terms.

What is the income limit for Homeownership Incentive Program (HIP 120)?

2025 limit for a family of four: $120,700.

How does Homeownership Incentive Program (HIP 120) work?

0% interest, no payments. 75% of the loan is forgiven over 10 years and 25% is perpetual. An 8-hour homebuyer class and a $500 earnest money deposit are required, and the home must be inside San Antonio city limits.

Is Homeownership Incentive Program (HIP 120) still available in 2026?

The official page listed it as offered when we last checked on Nov 3, 2026. Funding can change, so confirm with the administrator.

Who runs Homeownership Incentive Program (HIP 120)?

City of San Antonio Neighborhood and Housing Services Department, City of San Antonio, Texas. Apply through the program or one of its participating lenders.