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The crystallographic structural characteristics and magnetic properties of Ho3Fe29-xTx (T=V and Cr) compounds have been investigated by using Rietveld refinement analysis of X-ray diffraction (XRD) pattern and magnetic measurements. The calculated results indicate that among the 11 different kinds of Fe sites in these Ho-Fe compounds the preferential sites of the stabilizing elements V and Cr are quite different. The refined lattice parameters of these compounds are in good agreement with the experimental data. Spin reorientations of easy magnetization direction (EMD) are observed at around 150 K for Ho3Fe27V2 and Ho3Fe25.5Cr3.5. At the around 1.7 T critical fields (HCR) first order magnetization process (FOMP) occurs in magnetization curves at 4.2 K for the magnetically aligned samples of Ho3Fe27V2 and Ho3Fe25.5Cr3.5.