<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=09gVYa_19CBmu0z00" alt="https://img.particlenews.com/image.php?url=09gVYa_19CBmu0z00" width="519" height="270" >today at 12:56 PMPublished February 26, 2026 3:21 PM EL PASO, Texas (KVIA) - Local families have a new avenue towards homeownership after a popular grant program reduces interest rates. The El Paso Housing Finance Corporation (EPHFC) announced a major enhancement to the Mi Casa Homebuyer Grant Program which reduces the interest rate from 6.25% to just 5.99%. That would give first-time and qualified homebuyers an increase in their purchasing power and savings in their monthly payments, according to the El Paso Housing Finance Corporation. The Mi Casa program assists future home-buyers with the down payment and closing costs with the True Grant. "These funds never have to be repaid," said a release by EPHFC.Anyone interested in the program can call 915-228-9336 or email: admin@elpasoHFC.org. BE PART OF THE CONVERSATIONKVIA ABC 7 is committed to providing a forum for civil and constructive conversation.Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here If you would like to share a story idea, please submit it here.</div></body>

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EL PASO, Texas (KVIA) - Local families have a new avenue towards homeownership after a popular grant program reduces interest rates. The El Paso Housing Finance Corporation (EPHFC) announced a major enhancement to the Mi Casa Homebuyer Grant Program which reduces the interest rate from 6.25% to just 5.99%. That...

Homebuyer Grant Program makes ownership more affordable

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EL PASO, Texas (KVIA) - Local families have a new avenue towards homeownership after a popular grant program reduces interest rates. The El Paso Housing Fi

Homebuyer Grant Program makes ownership more affordable

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