FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program is a grant for homebuyers in California. Matching grant for first-time homebuyers earning 80.01%–140% of AMI. $11M allocated for 2026. Delivered through member financial institutions. Targets essential workers: teachers, medical assistants, administrative workers. Property must be in AZ, CA, or NV. Down payment and/or closing cost assistance. Funding comes from Federal Home Loan Bank.

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program is structured as a grant, so it is not repaid. Repayment is triggered by Repayable if not owner-occupied within specified period. 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.

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) 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: Primary residence in AZ, CA, or NV. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen. Up to $50,000 deferred loan. Available 80-140% AMI. Must be purchased through a participating FHLBank SF member institution.

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program limits household income to 140% of the area median income, which varies by county and household size. Workforce/moderate income: household income ≤140% 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.

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program caps the purchase price as follows: Contact program for current purchase price limits. Eligible property types include Single-family (1-4 unit), FHA-approved condominium, townhome/PUD. New construction is eligible. Manufactured homes are not eligible.

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program serves homebuyers purchasing anywhere in California.

Applications for FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) 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.