City of McKinney
Buyers using a TDHCA loan inside McKinney city limits can get a $5,000 gift from the McKinney Housing Finance Corporation, on top of TDHCA's own assistance.
City of McKinney
Flyer dated May 27, 2025; first-come, first-served.
Fact-checked November 2026 · our sources
Could I get this? →It is a $5,000 grant that does not need to be repaid, layered on a TDHCA first mortgage. That is one of the larger HFC add-ons TDHCA partners offer; Harris County's gift is $1,000. The flyer is dated May 27, 2025, and money is given out first-come, first-served, so the program could pause when funds run low.
TDHCA borrowers buying inside McKinney city limits in Collin County. TDHCA's county income and price limits apply, along with the first-time buyer rule that comes with the TDHCA loan. The gift works with My First Texas Home, the Combo loan or the No-DPA first lien, but not with My Choice Texas Home.
Because the gift rides on a TDHCA loan, it does not pair with TSAHC's Homes for Texas Heroes. McKinney also has a city first-time homebuyer loan, but its current funding and income limits could not be confirmed, so ask the city directly at 972-547-7519. Whether the city loan can sit with a TDHCA loan and this gift is something a participating lender confirms. The cash-to-close guide helps you add up the pieces.
On a $300,000 loan, as a round example, TDHCA's 5% assistance would be $15,000; adding the $5,000 gift brings the total to $20,000. TDHCA's My First Texas Home assistance is a 30-year repayable lien under the November 2026 notice, while the HFC portion is a gift. A buyer comparing that with TSAHC's 5% grant should weigh the larger total against the fact that some of it is repaid later.
Since this money is first-come, first-served, ask your lender on day one whether McKinney HFC funds are still available, and get the answer in writing before you lock your rate.
Choose a TDHCA participating lender and ask it to request the McKinney HFC gift when it reserves your loan. Verify the address is inside McKinney city limits, not just a McKinney ZIP code. Then check your eligibility to compare the TDHCA path with Heroes.
County guides for the area it serves: Collin County.
$5,000, as a grant on a TDHCA loan, while funds last.
My First Texas Home, the Combo loan or the No-DPA first lien. It does not work with My Choice Texas Home.
Yes. The gift is for TDHCA borrowers buying inside McKinney city limits.
Summed up from the program's official page as of November 2026. Money and rules change; check current terms with the program or a lender that takes part. Texas Down Payment Assistance has no tie to this program.
We'll reach out when it reopens. Curious what you could qualify for right now?
Run the eligibility check
I'm Linda, and I answer the phones for this desk. See if you're eligible for down payment assistance in Texas. A few taps and you'll know where you stand.
First, what line of work are you in?
Costs nothing. Won't touch your credit. Quit anytime.