04/02/2024
Starting Wednesday, California has earmarked $220 million this year for the Dream For All Shared Appreciation Loan program and expects to distribute up to 2,000 vouchers to first-time buyers. The program provides up to 20 percent of down payment or closing costs not to exceed $150,000, according to the agency. For a household to qualify, all borrowers must be first-time buyers, at least one borrower must be a first-generation buyer and the household’s income must meet agency limits for the county where the purchase takes place.
