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After last year’s budget of $300 million in down payment assistance was devoured in 11 days, California has relaunched its program with stricter guidelines to target a niche group of first-time ...
Nov. 17—Congressman Doug LaMalfa, R-Richvale, announced on Friday that $750,000 in down payment assistance grants for "middle-income" homebuyers are now available to residents in the Yuba-Sutter ...
Down payment assistance (DPA) programs are loans and grants designed to provide homebuyers with money to help them pay for a down payment. Some programs also help with closing costs .
Nehemiah Corporation of America is a non-profit organization based in Sacramento, California specializing in homeownership, affordable housing and community development. It started in 1994 as a small organization, but grew to prominence later in the 1990s after it developed a program that allowed home buyers to make down payments on their purchases using funds that were derived from the home ...
However, providing down payment assistance to income-eligible buyers has always been an eligible use of HOME funds, so many of the state and local governments that receive HOME funds, called "participating jurisdictions" or "PJs," continue to operate down payment assistance programs locally. Due to the block grant nature of HOME, local programs ...
A California lawmaker is leading the charge to make undocumented residents eligible for a popular state-backed home loan program, weeks before it gives out another $250 million in down payment ...
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