C.A.R. HAF’s Closing Cost Assistance Grant Program, in partnership with Neighborhood Housing Services of LA County (NHSLA), will join efforts to close homeownership gaps that impact the state’s underserved communities* with the C.A.R. HAF’s Closing Cost Assistance Grant Program.
The C.A.R. HAF’s Closing Cost Assistance Grant Program is a fully forgiven grant with no repayment due. Funds are available on a first-come, first-serve basis with a fully accepted purchase contract from a borrower using a REALTOR® who is a member of the CALIFORNIA ASSOCIATION OF REALTORS®.)
The program helps first-time homebuyers bridge the affordability gap by providing them with a maximum grant amount of $10,000 in closing cost assistance. Each grant is provided to low-to-moderate income (120% AMI and below) first-time homebuyers who utilize the services of a CA REALTOR®.
HOPE Homebuyer Workshop Enrollment >
All applications will be processed & approved on a first-come-first-served basis.
The maximum grant amount is $10,000 and the lender financing your loan will need to accept the terms & conditions of the HAF program which is a grant program with no repayment requirement. Visit C.A.R.’s Housing Affordability Fund website for more information.
* Eligible recipients must complete 8-hours of HUD approved first-time homebuyer education class
*“Underserved Community” includes: (i) people of color; (ii) persons who are homeless or otherwise experiencing housing instability; (iii) persons with disabilities (physical or mental), particularly persons living in housing with one or more qualities of an institutional setting, persons leaving institutions, or persons at-risk of institutionalization; (iv) persons living in impoverished areas or experiencing persistent poverty or inequality, including historical wealth disparities as compared to majority groups; and (v) lesbian, gay, bisexual, transgender, and queer (LGBTQ+) persons.
Call us for more information at: 213-381-2862