Allen Down Payment Assistance: 2026 Programs & Eligibility

Allen sits in Collin County, north of Plano along U.S. Highway 75. Allen is one of the higher-income DFW suburbs and falls within the Dallas-Plano-Irving MSA for HUD AMI tables. Allen homebuyers may qualify for TSAHC and TDHCA programs.

What Buyers Should Know

Texas homebuyers in Allen, Texas may qualify for several state-level down payment assistance programs. TSAHC’s Home Sweet Texas Home offers grant or forgivable-second-lien DPA up to approximately 5% of the loan amount, with income limits up to 80% of Collin County AMI. TSAHC’s Homes for Texas Heroes program waives the first-time-buyer requirement for teachers, police officers, firefighters, EMS personnel, corrections officers, school staff, and other public-service occupations. TDHCA’s My First Texas Home and My Choice Texas Home programs offer alternative DPA structures with their own income and credit requirements. Eligible buyers may pair one of these DPA programs with the federal MCC tax credit for additional first-time-buyer benefit. Every program requires a minimum 620 FICO score with most lenders and applies its own income, purchase-price, and credit limits.

Allen Market Context

Allen’s median sale price runs above the DFW metro average, driven by master-planned communities and high-rated Allen ISD schools. Buyers should verify income against the DFW MSA AMI ($114,500 for a four-person household in 2026) and budget for the high-cost FHA loan limit ($593,800) that applies across Collin County. Allen falls under Allen Independent School District.

Last verified: 2026-05-19. Verify program details at tsahc.org and tdhca.state.tx.us before applying.