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The California Housing Finance Agency's Dream For All Shared Appreciation Loan program will begin accepting applications for down payment assistance on February 24. The application window will close on March 16. After that, applications will be selected and audited. Recipients of conditional approval will have 90 days to shop for a home. C.A.R. was instrumental in getting funding for CalHFA's down payment assistance program.
The life-changing down payment assistance program, which offers first-generation homebuyers up to 20% of their home purchase price or appraised value in down payment assistance, will be using a random selection process to facilitate the equitable distribution of state funds.
CalHFA expects to make $150 million to $200 million available for 2026, and potential applicants should start getting ready now. The random selection process will include Governor Newsom's direction tha...
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