Grant money has been made available by the Southland Association of Realtors (SRAR), via the California Association of Realtors' Housing Affordability Fund. The grant, worth $4,000 to qualifying homebuyers has restrictions. It's specifically for Public Safety Responders, such as Police, Sheriffs, Highway Patrol, Firefighters, Paramedics, etc. In addition to that, the homebuyer must be a qualifying first-time homebuyer, purchasing in Santa Clarita, or the San Fernando Valley, they must use a member of SRAR to successfully purchase their home, and they must meet certain income limitations as well as participate in one of several programs.
Those programs and classes include:
- Walk-in homebuyer program (City of Los Angeles)
- American Dream Down Payment Initiative (ADDI) (City of Los Angeles)
- Low Income Purchase Assistance Program (LIPAP)(City of Los Angeles)
- Mortgage Credit Certificate Program (MCC)(City of Los Angeles & LA County)
- Housing Economic Recovery Ownership (HERO)
- Home Ownership Program (HOP) (Selected cities of Los Angeles)
- Southern California Home Financing Authority (SCHFA) (County of Los Angeles except city of Los Angeles)
- Employer Assistance Programs
- The U.S. Department of Housing and Urban Developments (HUD) Good Neighbor Next Door Program
Applicant must attend the Los Angeles neighborhood Housing Services (LANHS) First-Time Homebuyer seminar and must prove the successful completion of the seminar with the certificate provided by LANHS.
LINK: Full program details for Grant made available from Southland Regional Association of Realtors
LINK: $4,000 Grant Application
If you need help searching for a home in either Santa Clarita or the San Fernando Valley, please give us a call @ The Robert and Brian Team, 661-964-1760. We will be more than happy to help you.
SCV Real Estate 360 Episode regarding: Grant from Southland Association of Realtors
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