The Housing Opportunity Program for the Elderly, or HOPE, is a federal program that provides financial aid to low-income people who are over 62 years old. A person may also be eligible for this housing at any age. All applicants must have a Social Security number and income below 50 percent of the AMI. Funding from this program comes from the U.S Department of Housing and Urban Development (HUD). The Down Payment Assistance Program may help with down payment costs when buying a home in Texas, even if they don't have credit or savings.