Golden State Finance Authority (GSFA) OpenDoors FHA DPA

What is Golden State Finance Authority (GSFA) OpenDoors FHA DPA?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA is a grant for homebuyers in California.

• GSFA OpenDoors FHA variant: up to 5% grant for down payment/closing costs on FHA loans. Available statewide with higher income limits. True grant, no repayment.
• Up to 5.0% of purchase price in assistance.
• non-repayable grant.
• Funding comes from GSFA.

How much assistance does it provide?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA provides assistance worth 5% of the purchase price, as set by the program.

• 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?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA is structured as a grant, so it is not repaid.

• Repayment is triggered by N/A (non-repayable 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?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA is open to buyers who will live in the home as their primary residence.

What are the income limits?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA limits household income to 160% of the area median income, which varies by county and household size.

• Workforce/moderate income: household income ≤160% 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?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA 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?

Golden State Finance Authority (GSFA) OpenDoors FHA DPA serves buyers purchasing anywhere in California.

How do you apply?

Applications for Golden State Finance Authority (GSFA) OpenDoors FHA DPA go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Contact the administering agency to reserve funds

   Funds are reserved through GSFA lender portal, and are subject to availability.

2. 2

   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.