California has already run out of cash to help first-time home buyers. Here's what happened
(Elizabeth Marie Himchak)
You may have seen the videos on TikTok promising something that sounds too good to be true: Free cash from the state of California to help you buy your first home.The good news is, that program actually exists!The bad news is, it's already out of money.The California Housing Finance Agency launched the California Dream for All Shared Appreciation loan program two weeks ago, offering qualified first-time buyers up to 20% of the purchase price of a house or condominium.