City of Chula Vista First-Time Homebuyer Program

City of Chula Vista First-Time Homebuyer Program is a deferred second loan for homebuyers in Chula Vista, California. Deferred down payment assistance for first-time homebuyers in Chula Vista. Federal HOME-funded. Income at or below 80% AMI. no monthly payments on DPA. Funding comes from Federal HOME / City.

City of Chula Vista First-Time Homebuyer Program offers up to $120,000 in assistance. The program asks homebuyers to contribute 1% of purchase price (borrower minimum). The program can be combined with other assistance, subject to the rules of each. Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

City of Chula Vista First-Time Homebuyer Program is forgiven after 5 years, so a homebuyer who stays that long does not repay it. Repayment is triggered by Sale, transfer, or cessation of owner-occupancy. Prorated forgiveness over 5 years. The assistance is recorded in Second position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

City of Chula Vista First-Time Homebuyer Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. On credit, the program states: Contact lender for current credit score requirements. A homebuyer education course is required. Residency requirement: Purchase within City of Chula Vista. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen. Must purchase in Chula Vista; income ≤80% AMI; deferred loan.

City of Chula Vista First-Time Homebuyer Program limits household income to 80% of the area median income, which varies by county and household size. 80% AMI; 4-person limit ~$104,100 (2026 San Diego Co. AMI). The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

City of Chula Vista First-Time Homebuyer Program caps the purchase price at $700,000. Eligible property types include Single-family (1-4 unit), FHA-approved condominium, townhome/PUD. New construction is eligible. Manufactured homes are not eligible.

City of Chula Vista First-Time Homebuyer Program serves homebuyers purchasing in Chula Vista, California.

Applications for City of Chula Vista First-Time Homebuyer Program go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Contact provider directly; subject to funding availability. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.