Denton County allocated $40 million to help families buy homes after the Commissioners Court approved a bond resolution expanding affordable homeownership programs.
The move matters in Prosper and Celina, where rapid growth has driven up housing costs. Celina was the fastest-growing city in the country between July 2024 and July 2025, adding more than 12,710 residents, the Texas Tribune reported in May. Typical home values there now top $500,000, according to Zillow data cited by the Tribune.
The resolution, detailed in an Oct. 21 county announcement, authorizes the Denton County Housing Finance Corporation (DCHFC) to assign its 2026 private activity bond volume cap to the Texas Department of Housing and Community Affairs (TDHCA). The state agency will use the funds to offer low-interest, 30-year mortgages and help with down payments and closing costs.
The allocation is projected to assist about 132 households, with nearly $1.4 million in down payment assistance, according to the county.
"By working with TDHCA, we can help more working families achieve the dream of homeownership while supporting our local workforce, all without taking on additional County debt," Denton County Judge Andy Eads said in a statement. Eads has served as DCHFC president for nearly two decades.
The county's announcement did not include a vote count.
The program is not new. Since January 2025, it has supported 49 mortgages totaling about $15 million in Denton County. The $40 million allocation expands that reach.
Precinct 2 Commissioner Kevin Falconer said the down payment barrier is personal. He recalled his own experience as a first-time buyer trying to save enough, calling it "a significant hurdle for families." Precinct 3 Commissioner Bobbie Mitchell said she was excited the county could help more families take a step toward homeownership.
TDHCA will handle program administration and compliance, meaning the county does not have to build a separate lending operation. DCHFC is also expected to receive annual fee revenue that could support future housing efforts.
Denton County overall grew from about 906,500 residents in 2020 to an estimated 1.07 million in 2025, an increase of roughly 18%, according to U.S. Census Bureau data reported by CandysDirt.com.
Buyers interested in the program must complete an approved homebuyer education course to qualify, according to TDHCA. More information is available at the Texas Homebuyer Program website.
