Just days left to apply for CA downpayment assistance program
Source: KQED
The California Dream for All program is back with $250 million in funding, offering vital support to first-time homebuyers. Last year's rapid depletion of its $300 million budget within 11 days highlighted its popularity. Now, with the program reopening until April 29, it aims to assist 1,600 to 2,000 new applicants.
This lifeline for aspiring homeowners provides a down payment of up to 20% of the home's cost or $150,000. While applicants must repay with interest and relinquish 20% of the home's appreciation upon sale, this reinvestment ensures the program's sustainability.
As the deadline approaches, seize the opportunity to realize your California dream of homeownership. The California Dream for All program stands ready to turn aspirations into reality—one home at a time.
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