Fresno Beyond Housing Foundation OpenHome Program

What is Fresno Beyond Housing Foundation OpenHome Program?

Fresno Beyond Housing Foundation OpenHome Program is a grant for homebuyers in Fresno, California.

• OpenHome down payment assistance program launched with $500,000 from U.S. Bank. Helps families in Fresno overcome down payment barriers. Focus on low- to moderate-income homebuyers.
• non-repayable grant.
• Funding comes from U.S. Bank / Non-profit.

How much assistance does it provide?

Fresno Beyond Housing Foundation OpenHome Program offers up to $25,000 in assistance.

• The program asks buyers 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.

Do you have to pay it back?

Fresno Beyond Housing Foundation OpenHome Program 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.

Who qualifies?

Fresno Beyond Housing Foundation OpenHome Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Fresno Beyond Housing Foundation OpenHome Program 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?

Fresno Beyond Housing Foundation OpenHome 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?

Fresno Beyond Housing Foundation OpenHome Program serves buyers purchasing in Fresno, California.

How do you apply?

Applications for Fresno Beyond Housing Foundation OpenHome 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.