First Time Homebuyer Programs in California

by:

The California Housing Finance Agency, otherwise known as CalHFA, is an independent agency in the State of California that has been providing financial assistance to low and moderate income Californians in an attempt to help them seek safe, decent and affordable housing opportunities.

The programs of CalHFA are constantly guided by its overall agency mission which is to "finance below market rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers in achieving the dream of homeownership."

In line with this mission, the California Housing Finance Agency has constituted the establishment of the California Homebuyer's Downpayment Assistance Program, more commonly referred to as CHDAP.

The California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.   (continued...)

First Time Homebuyer Programs in California
  Page 2

About The Author

Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

He also maintains Websites providing resources on artist grants and children grants.




Additional Government Grants Resources


National Estuarine Research Reserve System Land Acquisition and Construction Program
The National Oceanic and Atmospheric Administration has recently announced a funding opportunity amounting to $1,690,000 to support the National Estuarine Research Reserve System (NERRS) Land Acquisition and Construction Program.


Cancer Education Grants Program
The National Cancer Institute has developed the Cancer Education Grants Program wherein it seeks to financially support innovative educational efforts that would contribute to the reduction of cancer incidences, morbidity and mortality rates; as well as the improvement of the quality of life of surviving cancer patients.


Applying for a Grant - Where and How
Applying for a grant used to be a difficult and tedious process. The applications were long and often difficult to obtain. Even worse, loans used to be difficult to locate. Unless you were extremely ...


Laura Bush 21st Century Librarian Program
The Laura Bush 21st Century Librarian Program revolves around improving then country's information infrastructure through the utilization of funding projects that are designed to address the education and training needs of certain professionals who help build, maintain and provide the public with immediate access to some of the world's vast and wide-ranging information systems and resources.


Community Development Credit Unions
A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.


College scholarships for adults
If you are an adult returning to get your college degree, you know that it can be expensive. Whether you are commuting to classes or doing an Online college degree, the tuition is about the same. Pa...


Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.






Social Entrepreneurship
Spotlight



Amazing Social Entrepreneurs Receive Oxford MBA Program Scholarships

Amazing Social Entrepreneurs Receive Oxford MBA Program Scholarships
The Skoll Centre for Social Entrepreneurship at Saïd Business School is celebrating ten years of...




Not Ready to Buy Yet?

Find Rental Assistance Programs



Need Repairs for a Home You're Buying?

Find Out About Rehabilitation Money Available







More Federal Domestic Assistance Programs


Appalachian Local Development District Assistance | Research in Special Education | Education Quality Award Ambassadorship | Grants for Outreach and Services to Underserved Populations | Environmental Education and Training Program |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2018 Copyright Michael Saunders