Homeownership

Homeownership Opportunities

On June 23, 2023, Opportunity Home executed a construction contract with a new builder, Brizo Construction, to initiate new construction.

25 New Homes

We are excited to bring a total of 25 affordable homes to the Villa De Fortuna (5), Palm Lake (11) and Sunflower (9) Subdivisions to purchase on the Westside of San Antonio!

Opportunity Home is selling one-story houses starting in the $160s to first-time homebuyers who qualify for the Middle Income Homeownership Program, created to help middle-income families purchase a home.

YOUR FIRST HOME

Make your homeownership dreams come true with the purchase of one of these newly constructed two- to three-bedroom, single-story modern homes between 1,104 and 1,481 square feet.

These homes are only a hop, skip and a jump away from the city’s hottest eateries and downtown entertainment.

HOME FEATURES

  • 2-car parking pad with 1-car garage and remotes
  • Includes Whirlpool refrigerator, electric stove, microwave and dishwasher
  • Granite countertops in kitchen and bathrooms
  • Washer/dryer connections
  • Landscaped yard with fenced in backyard
  • Home builder two-year warranty
  • Security system with motion detector

 

AMENITIES AND ATTRACTIONS

  • H-E-B Grocery Store #189
  • Surrounded by various City of San Antonio Parks
  • Major universities such as Our Lady of the Lakeand St. Mary’s University
  • Easy access to major highway (IH-10)
  • Memorial High School in the Edgewood Independent School District

ELIGIBILITY

Middle Income Homeownership Program eligibility requirements:

  • Must be a first-time homebuyer or have not owned a home within the past 18 months.
  • Must be primary residence/owner occupied.
  • Must have completed a Opportunity Home-Approved Pre-Purchase Home Buyer Class.
  • Must be approved through a mortgage lender for a Federal Housing Administration (FHA), Veterans Affairs (VA), or Conventional mortgage loan.
  • Homes are subject to a 10-year appreciation recapture provision.
  • Households incomes must be at or below annual HUD Income Limits for 2023 of 60–80% AMI or below.
  • Must be a resident of Bexar County, Texas.

 
2023 HUD Income Limits for San Antonio

Household SizeMax Total Income
1$49,150
2$56,200
3$63,200
4$70,200
5$75,850
6$81,450
7 $87,050
8$92,700

APPROVED CLASSES

City of San Antonio

City of San Antonio Homebuyer Education Course
1400 S. Flores, San Antonio, TX 78204
WEBSITE

Neighborhood Housing Services

Neighborhood Housing Services (NHS) Homebuyer Education Course
847 Steves Ave, San Antonio, TX 78210
210.533.6673
WEBSITE

Texas State Affordable Housing Corporation

Texas State Affordable Housing Corporation (TSAHC) Homebuyer Education Course
877.508.4611
WEBSITE

Southeast Texas Housing Finance Corp

Southeast Texas Housing Finance Corp (SETH) Homebuyer Education Course
281.484.4663
WEBSITE

FRAMEWORK

Online Course
WEBSITE

eHome America

Online Course
WEBSITE

Clearpoint

Online Course
WEBSITE

PARTICIPATING LENDERS

Visit the Texas State Affordable Housing Corporation or Texas Department of Housing and Community Affairs website for information on down payment and closing cost assistance and Mortgage Credit Certificate (MCC) programs. A list of certified and approved lenders are also available on their website.

Amegy Bank of Texas
Affordable Housing Department
1717 W Loop S.
Houston, TX 77027
David Rosales, CRA Loan Officer
O 713.232.1179
[email protected]


Movement Mortgage
3611 Paesanos Pkwy, Suite 100
San Antonio, TX 78231
Brad Dawson, Branch Manager
O 210.399.2853 | C 210.667.5857
[email protected]


Primary Residential Mortgage
Edgar Jair Hernandez, Regional Manager
O 956.491.1737 | C 210.934.1417
[email protected]