City and County Opportunities
- 4th District First Time Home Buyer Program (View 4th District Program Updates)
Riverside County offers down payment assistance (up to $100,000) for first-time homebuyers in the Fourth District (including closing costs). Income limits apply. Apply now (funds limited). View Program Flyer
- Permanent Local Housing Allocation First Time Home Buyer Down Payment Assistance Program
This program helps qualified residents purchase their first home by providing financial assistance for down payments and, in some cases, closing costs. In general, a buyer may only receive what they need, up to 20% of the purchase price of the home. The maximum down payment cannot exceed $100,000.00.
- Riverside County Mortgage Credit Certificate (MCC)
A Mortgage Credit Certificate (MCC) is a valuable tool for first-time homebuyers. It offers a significant federal tax credit, reducing your annual tax liability by a percentage of your mortgage interest. This directly translates to lower monthly payments and increased purchasing power. The Riverside County MCC Program provides a generous 20% tax credit, making homeownership more accessible. By effectively increasing your qualifying income, an MCC can help you secure a larger mortgage and achieve the home of your dreams.
State Sponsored Opportunities
- California Housing Finance Agency
The California Housing Finance Agency (CalHFA) offers down payment assistance, mortgage programs, and financial education resources to help people achieve their dream of homeownership.
Federal Sponsored Opportunities
