Clyde Hampton
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What Clyde Hampton's governing documents say
This is an affordable housing deed restriction for a single-family home at 324 Tims Road in Crowley, TX, requiring that it be occupied only by a Very Low-Income Family. The restriction is not a full HOA or condo rule set; it binds the owner/occupant and is enforceable by Guaranty Bank or the Enterprise Foundation.
- Affordability (income restriction): The property must be used as a residence for a Very Low-Income Family. Eligibility is determined by comparing family income to the Tarrant County median annual income, with proof from the Enterprise Foundation or Guaranty Bank.
- Retention & grant repayment: If the property is sold or refinanced before the end of the retention period, a pro-rata share of a $3,000 Affordable Housing Program direct grant subsidy may need to be repaid to Guaranty Bank from any net gain, unless the new buyer is also a Very Low-Income Family.
- Subordination to mortgages: These deed restrictions are subordinate to any first lien mortgage from an institutional lender. Upon foreclosure or deed-in-lieu, the restrictions terminate.
- Enforceability: The restrictions run with the land and are enforceable against all owners and occupants. Guaranty Bank or the Enterprise Foundation (or the Federal Home Loan Bank of Dallas if the Foundation ceases) can bring legal action to enforce them.
- What this document doesn't cover: This is a partial document; it does not include any HOA or condo rules, pet restrictions, parking rules, architectural controls, or other common community regulations. It only addresses the affordable housing use restriction and grant repayment.
Key facts from Clyde Hampton's documents
- Community type
- Single Family Residence (affordable housing) (Property address and restrictions: 'resi)
- Developer / declarant
- Klaus D. Winter (KLAUS D. WINTER, SELLER (Grantor))
- Use restrictions
- Yes, and restricted to Very Low-Income Family (Paragraph 1: 'Property be used only for )
- Amendments
- Cannot be amended before expiration unless by written instrument executed by GB or FHLBD and recorded in Tarrant County. (Paragraph 5: Amendment)
About this HOA
Clyde Hampton is a homeowners association in Crowley, TX.
HOAproxy has 1 document on file for Clyde Hampton: 1 recorded document. Last updated 2026-07-23.