City of Long Beach First-Generation Homebuyer Grant

City of Long Beach First-Generation Homebuyer Grant is a grant for homebuyers in Long Beach, California. Grant up to $25,000 for eligible first-generation homebuyers in Long Beach. Must be Long Beach resident. Requires 8-hr HUD-approved Homebuyer Education. Applications opened in 2025 with close date July 1, 2025. Up to $25,000 in assistance. non-repayable grant. Funding comes from City.

City of Long Beach First-Generation Homebuyer Grant offers up to $25,000 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 Long Beach First-Generation Homebuyer Grant is structured as a grant, so it is not repaid. Repayment is triggered by None (grant). The assistance is recorded in N/A (grant - no lien) position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

City of Long Beach First-Generation Homebuyer Grant 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: Must be Long Beach resident; purchase within Long Beach. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen. Must purchase in Long Beach; first-generation homebuyer priority; income ≤80% AMI; HUD-approved counseling required.

City of Long Beach First-Generation Homebuyer Grant limits household income to 80% of the area median income, which varies by county and household size. Household income may not exceed 200% of LA County AMI (first-time + first-generation buyers). 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 Long Beach First-Generation Homebuyer Grant caps the purchase price at $800,000. 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 Long Beach First-Generation Homebuyer Grant names first-generation homebuyers among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

City of Long Beach First-Generation Homebuyer Grant serves homebuyers purchasing in Long Beach, California.

Applications for City of Long Beach First-Generation Homebuyer Grant 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.