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

What is 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.

Do you have to pay it back?

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.

Who qualifies?

FHLBank San Francisco Middle-Income Downpayment Assistance (MDPA) Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

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.

What kind of home can it be used for?

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.

Where does it apply?

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

How do you apply?

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.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 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. 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.