Committed to a brighter future for children, neighbors and communities.

We consider a healthy neighborhood to be one that is safe, clean, and diverse; one in which it makes economic sense for people to invest and one where neighbors manage change successfully.

We consider a healthy neighborhood to be one that is safe, clean, and diverse; one in which it makes economic sense for people to invest and one where neighbors manage change successfully.

Steps to Homeownership

If you are interested in buying a house, here are the steps you will walk through with our Housing Counselor on your way to homeownership. 

1. Make a monthly budget to determine how much of a mortgage you can afford. 

2. Build $1,000 in IDA savings for down payment. 

3. Build credit score to 640. 

4. Attend Financial Literacy class series and Homebuyer Education class. 

5. Visit lenders and choose the best offer. 

6. Apply for down payment assistance from the City of Waco. 

7. Close on your house and move in! 

Steps to homeownership
  1.  Make a monthly budget to determine how much of a mortgage you can afford.
  2.  Build $1000 IDA savings for down payment.  Click here for more information.
  3.  Build credit score to 640.
  4.  Attend free classes: Financial Literacy & Homebuyer Education. Class Schedule/Sign up to attend class?
  5.  Visit lenders and choose the best offer.
  6.  Apply for down payment assistance from the City of Waco (Click here for more information). Possible assistance of $15,000 or more!
  7. Close on your house and move in! 
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Grassroots Community Development
Grassroots Community Development17 hours ago
Looking local Black History Month activities and celebrations? Check out this impressive list of Waco Black History month activities the Baylor Department of Multicultural Affairs put together of event happening around the city! https://multicultural.web.baylor.edu/bhm
Grassroots Community Development
Grassroots Community Development5 days ago
We had a great time helping small business owners with their We All Win applications last Friday! Please feel free to call or stop by our office if you need last minute help with your application. The deadline to apply is tomorrow Friday, February 3rd.