Greenline Housing Foundation Down Payment Grant

Greenline Housing Foundation Down Payment Grant is a grant for homebuyers in Statewide, California. Foundation provides down payment grants targeted at communities disproportionately impacted by systemic racism in housing. LA County Greenline Home Program co-administered with NHS Los Angeles County. Down payment grants and home maintenance grants for qualified BIPOC homebuyers (Black, Hispanic, and other people of color). $35,000 grant for down payment or closing cost assistance through the LA County Greenline Home Program. Foundation aims to close racial wealth gap. Funding comes from Greenline Housing Foundation, partner programs.

Greenline Housing Foundation Down Payment Grant is structured as a grant, so it is not repaid. Repayment is triggered by none if 3-year occupancy maintained. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Greenline Housing Foundation Down Payment Grant is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Required - HUD-approved homebuyer education. Sourced via Homebuyer Wallet (CA260131). General Greenline Foundation grants have no income limits. LA County Greenline Home Program prioritizes low-to-moderate income BIPOC residents in 'high-highest' census tracts; buyer must occupy home for 3 years post-closing. Application cycles: Mar 1, Jun 1, Sep 1, Dec 1.

Greenline Housing Foundation Down Payment Grant sets its income limit as follows: General program: no income limits. LA Greenline Home Program: low-to-moderate income BIPOC County residents in 'high-highest' census tracts. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Greenline Housing Foundation Down Payment Grant can be used for Single-family, Condo, Townhouse.

Greenline Housing Foundation Down Payment Grant serves homebuyers purchasing in Statewide, California.

Applications for Greenline Housing Foundation Down Payment Grant go through the administering agency. 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.