Homebuyers Assistance, Homeowner Rehabilitation

Types of Assistance

Trust Funds may be used to provide financing for rehabilitation of owner-occupied housing and housing and homebuyer down payment assistance. Household income must be 60% or less of area median to be eligible for assistance.

Homebuyer Assistance

1. Funds must be used to purchase a primary residence, however, if you presently own a home, disposition of title must be concurrent with, or prior to, close of escrow for the new property (Local jurisdictions may restrict funding for first-time homebuyers only);
2. Property must be owner occupied (property may not be sub-leased);
3. Funding available only for dwellings which qualify as real property (i.e. mobile homes must be affixed to a foundation).
4. Borrowers must meet the income limit guidelines.

Homeowner Rehabilitation

1. Property must be owner occupied;
2. Property must meet, at a minimum, the Section 8 Housing Quality Standards. 

Please contact the following for information and assistance with any of the above:

Contact Information

For more funding information, please contact the Participating Jurisdiction in the area of where the proposed project will be located:

• Request for Drawdown Form