Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program

What is Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program is a forgivable loan for homebuyers in San Francisco, California.

• $20,000-$40,000 forgivable loan for teachers in SF Unified School District.
• forgiven over 5 years of continuous teaching service.

Do you have to pay it back?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program is forgiven after 5 years, so a buyer who stays that long does not repay it.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program limits household income to $371,400.

• 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.

What kind of home can it be used for?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program can be used for Single-family, Condo, Townhouse.

Is there eligibility for specific groups?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program names educators among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door Program serves buyers purchasing in San Francisco, California.

How do you apply?

Applications for Mayor's Office of Housing and Community Development (MOHCD) Teacher Next Door 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, through HUD-approved housing counseling required.

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved with the provider 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.