ReCover CA Homebuyer Assistance Program (DR-HBA)

ReCover CA Homebuyer Assistance Program (DR-HBA) Application window OPEN Program application period Ongoing Find a Lender DR-HBA provides forgivable loans to low- and moderate-income borrowers impacted by 2017, 2018, 2020, 2023 and 2024 disasters to assist with the purchase price of a home. Program Overview 2017, 2018 and 2020 Disasters Homebuyer Assistance Program funds help disaster impacted low to moderate income homeowners and renters to relocate out of high or very high fire hazard areas. Through the assistance of a subrecipient, Golden State Finance Authority, the Program provides forgivable loans to eligible low- and moderate-income homeowners and renters impacted by 2017, 2018 and 2020 disasters. The program will provide funds to assist with the gap between the amount of the first mortgage that the applicant can afford through an approved lender and the purchase price of a home. The award cap is $350,000 which can also include reasonable and customary closing cost and downpayment. 2023 and 2024 Disasters Homebuyer Assistance Program funds help disaster impacted low to moderate income renters to relocate out of special flood hazard area and high or very high fire hazard areas. Through the assistance of a subrecipient, Golden State Finance Authority, the Program provides forgivable loans to eligible low- and moderate-income renters impacted by 2023 and 2024 disasters. The program will provide funds to assist with the gap between the amount of the first mortgage that the applicant can afford through an approved lender and the purchase price of a home. The award cap is $300,000 which can also include reasonable and customary closing cost and downpayment. For additional information reach out to:  Golden State Finance Authority at (855) 740-8422 or  visit their website . preview Eligible Projects Resources On This Page Program Overview Eligible Projects Resources Golden State Finance Authority Contact us +1 855-740-8422 Visit Their Website