#down-payment-assistance

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Sacramento Bee
2 months ago
California

California could allow undocumented residents to qualify for new state-backed home loan program

Assemblymember Joaquin Arambula introduced a bill to expand eligibility for a state-backed home loan program for undocumented residents.
The California Dream for All program aims to address the ethnic and racial wealth gap by providing down payment assistance. [ more ]
Sacramento Bee
3 months ago
California

California to give more new homebuyers down payment help. Your luck - and parents - matter

California has relaunched its down payment assistance program with stricter guidelines to target a niche group of first-time homebuyers.
The program will continue to award down payments that don't have to be repaid until the property is sold, refinanced, transferred or paid off. [ more ]
San Jose Inside
3 months ago
California

Down Payment for First-time CA Homebuyers Relaunches with New Lottery

California will provide $250 million in down payment assistance to first-time homebuyers.
The program aims to reach a more diverse group of borrowers and will use a lottery system to distribute the funds. [ more ]
Austin Monitor
4 months ago
Austin

Council seeks financial assistance for homeowners looking to add units to properties - Austin Monitor

City Council approves program to provide down payment assistance for homeowners to add residential units to their properties
The program aims to help low- or moderate-income residents avoid displacement and create more equitable opportunities [ more ]
www.housingwire.com
5 months ago
Canada news

CBC Mortgage Agency cuts rates on down payment assistance second mortgages

CBC Mortgage Agency is reducing interest rates on its second mortgages used for its down payment assistance program on FHA loans.
The rate reduction aligns with the company's mission to support families on their journey to homeownership.
Chenoa Fund's DPA program offers a repayable and forgivable option with different terms and interest rates. [ more ]
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