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City of Oxnard First-Time Homebuyer Program (Separate from VCCDC)

Oxnard, California

Last verified
See what you qualify forOfficial program site →
Income limit

80% AMI

Of area median income; varies by county and household size

Price cap

$800,000

Highest purchase price the program allows

Repayment

Deferred

No payments until the home is sold or refinanced

What is City of Oxnard First-Time Homebuyer Program (Separate from VCCDC)?

City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) is a deferred second loan for homebuyers in Oxnard, California.

  • City of Oxnard's own down payment assistance program for low and moderate income residents purchasing homes within city limits. Separate from county-wide VCCDC program. May cover manufactured homes and condos.
  • no monthly payments on DPA.
  • Funding comes from Federal HOME / City.

Do you have to pay it back?

City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

  • Repayment is triggered by Sale, transfer, or non-occupancy.
  • 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.

Who qualifies?

City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • On credit: Contact lender for current credit score requirements
  • A completed homebuyer education course, through VCCDC homebuyer counseling
  • Residency: Must be Oxnard resident; purchase within Oxnard
  • Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen
  • Must purchase in Oxnard; income ≤80% Ventura County AMI; deferred loan at 0-3% interest

The program excludes

  • Manufactured homes
  • Purchases above the $800,000 price cap
  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) limits household income to 80% of the area median income, which varies by county and household size.

  • Low income: household income ≤80% of Area Median Income (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.

What kind of home can it be used for?

City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) 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.

Where does it apply?

City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) serves buyers purchasing in Oxnard, California.

How do you apply?

Applications for City of Oxnard First-Time Homebuyer Program (Separate from VCCDC) go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through VCCDC homebuyer counseling.

  2. Contact the administering agency to reserve funds

    Funds are reserved through Contact provider directly; subject to funding availability, and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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City of Oxnard First-Time Homebuyer Program (Separate from VCCDC), explained

A short, free course on City of Oxnard First-Time Homebuyer Program (Separate from VCCDC): what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

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