2022 First Time Home Buyer Programs Los Angeles

*ALL 2022 first-time home buyer and down-payment assistance programs listed below are generally first come, first-served and are not guaranteed. Fund availability, eligibility requirements, and lender guidelines are subject to change without further notice. Please fill out the pre-qualify short form to see if you are eligible for funds! NOTE:  Section 8 subsidized programs may or may not apply. Please check with your lender.

2022 Programs Available throughout the State of California*

CalHFA 1st Loan 2022 (Conventional & FHA options available)

• Bond loan that can assist with an extra money down payment or closing costs.                              
• No restrictions on the areas borrowers can purchase (California only).
• Allows buyer to come in with a 1% down payment on the 1st loan.

CalHFA MYHOME 2022

• 2nd position loan that can be used for down payment or closing costs.
• 3.5% of the purchase price.
• Silent Loan (no payments are made during the first 30 years).
• No restrictions on the areas borrowers can purchase (California only).
• Allows buyer to come in with a 1% down payment on the 1st loan. 

CalHFA ZIP 2022

• 2nd or 3 rd position loan that can be used for down payment or closing costs.
• 3% to 4% of the purchase price. 
• No restrictions on the areas borrowers can purchase (California only). 
• Allows buyer to come in with a 1% down payment on the 1st loan. 

CalHFA Extra Credit Teachers Program (ECTP) 2022

• Program is for teachers, administrators, school district employees and staff members working for any California K-12 public school.
• $7,500 ($15,000 in High Cost Areas) or 3% of the purchase price, whichever is less. 
• Silent Loan (no payments are made during the first 30 years).
• No restrictions on the areas borrowers can purchase (California only). 

CalHFA EEM Grant 2022

• Program is to be used with an FHA Energy Efficient Mortgage.
• 4% of the loan amount that can be used above what the maximum allowed for a regular EEM Mortgage.
• Grant Program, funds do not have to be paid back.
• No restrictions on the areas borrowers can purchase (California only).

GSFA Platinum 2022

• Loan program that combines with a 3% to 5% grant (does not have to be paid back).
• No restrictions on the areas borrowers can purchase (California Only).
• This can be structured both as FHA or Conventional.

2022 First-time Buyer Programs available in Los Angeles County

City of Claremont Inclusionary Program 2022

• Covers the difference between the purchase price and affordable price of the home (One example had the borrower receiving $168,000 in assistance).
• Borrower must contribute 5% of the purchase price; a portion may be from a gift.
• For Moderate Income households, money is forgiven is living in the home for 45 years. City of Compton
• Up to $150,000 in down payment assistance for Low Income Families, $100,000 for Moderate Income.
• Silent Loan for low and moderate income families.
• Funds can also be used for closing costs.

City of Compton buyer program 2022

• Up to $150,000 in down payment assistance for Low Income Families, $100,000 for Moderate Income.
• Silent Loan for low and moderate income families.
• Available for any home within the City of Compton.
• Funds can also be used for closing costs.

City of Inglewood Housing Authority buyer program 2019 (LOTTERY DRAWING)

• Up to $350,000 in down payment assistance
• Silent Second Loan 
• Available for single family resident or condo/townhouse purchase in city of Inglewood boundaries
• 0 interest rate
• No Mortgage insurance

City of Los Angeles LIPA Program 2022

• Up to $90,000 in down payment assistance for Low Income Families.
• Silent Loan for low income families.
• Available for any home within the incorporated City of Los Angeles.
• Funds can also be used for closing costs.

City of Los Angeles MIPA Program 2022

• Up to $75,000 in down payment assistance for Low Income Families.
• Silent Loan for moderate income families.
• Available for any home within the incorporated City of Los Angeles.
• Funds can also be used for closing costs.

City of Los Angeles Super MIPA 2022

• Up to $35,000 in down payment assistance for Low Income Families.
• Silent Loan for above moderate income families (but there is still a limit).
• Available for any home within the incorporated City of Los Angeles.
• Funds can also be used for closing costs.

City of Los Angeles RNLA 2022 (Limited Inventory of homes)

• Up to $60,000 in down payment assistance for Low or Moderate Income Families.
• Available only for home offered by RNLA.
• Funds can also be used for closing costs.

County of Los Angeles HOP 2022 (please note there will be 9 loans available January 25th)

• Up to $60,000 in assistance.
• Eligible for certain cities and all of the unincorporated areas of Los Angeles County.
• Silent Loan for low income borrowers.
• Buyer only required to come in with 1% down in most cases.

Montebello Housing Development Corporation

• Up to $55,000 for down payment assistance.
• Can be used anywhere within LA County Areas.

WISH

• Up to $15,000 for down payment of closing costs.
• Grant that is forgiven after 5 years.
• It is a 3 to 1 matching program borrower needs to contribute $5,000 to receive $15,000.
• ALSO AVAILABLE FOR Orange County

2022 First Time Buyer Home Buyer Programs available in San Bernardino County*

NHSIE Neighborhood Lift 2022 Home buyer program

• Up to $7,500 Grant that can be used for additional down payment.
• ***Home must be located in Riverside or San Bernardino County***
• For Moderate or Low income families.  ALSO AVAILABLE FOR San Diego County 

City of Rancho Cucamonga 2022 buyer program

• One Home available through a lottery that will be conducted
• Up to $95,000 in assistance

WISH

• Up to $15,000 for down payment of closing costs.
• Grant that is forgiven after 5 years.
• It is a 3 to 1 matching program borrower needs to contribute $5,000 to receive $15,000.

First Time Home Buyer Programs available in Riverside County*

County of Riverside Home buyer program 2022

• 2 programs with the county.
• The money is forgiven after the affordability period, restrictions apply.
• No down payment requirement, clients usually come in with 1% total.

NHSIE Neighborhood Lift

• Up to $7,500 Grant that can be used for additional down payment.
• Home must be located in Riverside or San Bernardino County.
• For Moderate or Low income families.
• ALSO AVAILABLE FOR San Diego County

WISH

• Up to $15,000 for down payment of closing costs.
• Grant that is forgiven after 5 years.
• It is a 3 to 1 matching program borrower needs to contribute $5,000 to receive $15,000. 
  
  

PRE-QUALIFY OR SEE IF YOU QUALIFY FOR DOWN-PAYMENT ASSISTANCE PROGRAM

*ALL 2022 first-time home buyer and down-payment assistance programs listed above are generally first come, first-served and are not guaranteed.  Funds availability, eligibility requirements, and lender guidelines are subject to change without further notice.  Please fill out the pre-qualify short form to see if you are eligible for funds!