{"id":6825,"date":"2026-05-16T04:02:26","date_gmt":"2026-05-16T04:02:26","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=6825"},"modified":"2026-05-16T04:02:26","modified_gmt":"2026-05-16T04:02:26","slug":"14000-apply-for-californias-housing-down-payment-program","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=6825","title":{"rendered":"14,000 apply for California\u2019s housing down payment program"},"content":{"rendered":"
\n

The California Housing Finance Agency is finalizing between 1,500 and 3,000 Dream for All mortgage assistance awards out of an applicant pool of 14,000.<\/p>\n

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The program counted 4,000 fewer applicants than when it last rolled out in 2024. The third program phase\u00a0is lending a maximum of $150,000 or up to 20% of a home\u2019s purchase price to selected, first-time homebuyers when they enter escrow. Between $150 and $200 million has been set aside for this round.<\/p>\n

CalHFA anticipates it will notify recipients in the next six months over their loan approval. Recipients will then have 90 days to use their voucher on a home purchase, or request a 90-day extension. A second lottery of waitlisted applicants will then cycle through available vouchers.<\/p>\n

The program, which first launched in March 2023, was intended to boost first-generation homebuyers\u2019 access to California\u2019s high-cost housing market. Backers had hoped it would especially benefit Black and Latino communities that have experienced housing discrimination, often called redlining, or low homeownership rates.<\/p>\n

See more:<\/strong> First-gen California homebuyers can soon apply for $150,000 down payment loans<\/p>\n

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The state will recover a recipient\u2019s down payment as well as a proportionate share of home appreciation when they sell their house. This structure is what program leaders hope will sustain the program in future years.<\/p>\n

California\u2019s pending 2026-2027 budget, last revised May 14, did not include the program in its budget, said Eric Johnson, public information officer of CalHFA.<\/p>\n

In 2022, the state budget earmarked $500 million for the program, which was rolled out in two phases. The first was wildly popular first-come, first-served rollout in 2023 when a budgeted $300 million was snatched up in just 11 days.<\/p>\n

\n<\/div>\n

The second phase updated its program with a lottery selection process and the requirement that at least one member of an application be a first-generation homebuyer. With a $200 million budget, 2,800 Californians were selected from a pool of 18,000 applicants.<\/p>\n

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The program’s third round, which will go to between 1,500 and 3,000 applicants, could be its last.<\/p>\n","protected":false},"author":1,"featured_media":6824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,2],"tags":[],"class_list":["post-6825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-facts","category-news"],"yoast_head":"\n14,000 apply for California\u2019s housing down payment program - Silicon Valley Moving Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/siliconvalleymovingpost.com\/?p=6825\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"14,000 apply for California\u2019s housing down payment program - Silicon Valley Moving Post\" \/>\n<meta property=\"og:description\" content=\"The program's third round, which will go to between 1,500 and 3,000 applicants, could be its last.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/siliconvalleymovingpost.com\/?p=6825\" \/>\n<meta property=\"og:site_name\" content=\"Silicon Valley Moving Post\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-16T04:02:26+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\"},\"headline\":\"14,000 apply for California\u2019s housing down payment program\",\"datePublished\":\"2026-05-16T04:02:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825\"},\"wordCount\":356,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/dbcd2fe5b8d91b000de54d3551761e84.webp\",\"articleSection\":[\"Facts\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=6825\",\"name\":\"14,000 apply for California\u2019s housing down payment program - 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