FAQS
How do I apply for The Hennesy Foundation grant?
You can begin by filling out the link below. https://hennesyfoundation.paperform.co/
who is an ideal applicant for the hennesy foundation grant?
If you are a first-time homebuyer in the South Dallas area and are lacking those close cost funds – this program is for you! If any of these factors are making it difficult for your to purchase a home, we’d like to assist. Factors include but are not limited to:
-Lack of Down Payment Funds
-Lack of Closing Cost Funds
-Unfamiliar with the Process/No Agent
-Have Been Denied on Previous Attempts
-Credit Score or Credit History
-Need More Household Income
-Lack of Home Ownership Education
Do you have to apply for a home in a specific location to qualify for the grant?
Applicants must seek to purchase a home in South Dallas County (South of I-30, Cedar Hill, Desoto, Duncanville, etc.)
Will The Hennesy Foundation provide a realtor?
The Hennesy Foundation has a list of trusted realtors that we would be happy to connect you with. Send us a message and we will send you additional details.
How does the grant application and approval process work?
- Step 1: Review FAQs
- Step 2: Apply
- Step 3: Meet with Realtor (walk through credit score, connect with loan company, determine how much you are qualified to buy)
- Step 4: Communicate with the Realtor
- Step 5: Our team talks with loan officer, and we send them the grant money on the day of closing.
How long does the entire process typically work from submitting an application to receiving the gran
On average, it can take anywhere between 4-12 months depending on varying factors.