California Grants

California Assistance

The California Housing Finance Authority has down payment assistance programs offered to California residents to help with the funds needed to purchase a new primary residence.

Calhfa made easy/ Frequently asked questions:

  • Who is Eligible:  Any California resident that qualifies to purchase a qualified owner occupied property in CA as long as they meet the income limits and haven’t owned a home in the past three years.


  • Does it need to be re-payed:   It depends on the layered program chosen to assist with down payment or closing costs.


  • What properties qualify: Owner occupied, single family residences.  Agency approved condominiums and Planned unit developments (PUDS)  Guest houses, Granny units and in law quarters, Manufactured homes for FHA only. 


  • What properties do Not qualify:  Investment properties, vacation or second homes and Modular Homes, 2-4 Units, Properties over 5 acres,  leaseholds, income producing properties, properties over 25 years old.


  • Are there income limits:  Yes there are different income limits, contact Colleen Craig for more information.


  • What programs can the program be used with: Conventional & FHA, 


  • How much is the assistance :  Can be up to 15,000 or 4% of the loan amount, Depending on the layered program, Contact Colleen Craig for options


  • What is the maximum loan amount:  424,100 or maximum loan amounts permitted by county per HUD/Fannie Mae for 1 Unit.   Contact Colleen Craig for details.

This program is being Sponsored by the California Housing Finance Agency

By Colleen Craig

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