Self-Help Enterprises Homeownership Program (San Joaquin Valley)

What is Self-Help Enterprises Homeownership Program (San Joaquin Valley)?

Self-Help Enterprises Homeownership Program (San Joaquin Valley) is down payment assistance for homebuyers in California.

• Self-Help Enterprises provides deferred DPA loans and USDA mutual self-help construction throughout Fresno, Kings, Madera, Merced, San Joaquin, Stanislaus, Tulare, and Kern counties.
• Up to $100,000 in assistance.
• no monthly payments on DPA.
• Funding comes from USDA/HOME/CalHome.

Do you have to pay it back?

Self-Help Enterprises Homeownership Program (San Joaquin Valley) is down payment assistance and is repaid under the terms set by the administering agency.

• Repayment is triggered by Sale, transfer, or refinance.
• 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?

Self-Help Enterprises Homeownership Program (San Joaquin Valley) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Self-Help Enterprises Homeownership Program (San Joaquin Valley) 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?

Self-Help Enterprises Homeownership Program (San Joaquin Valley) caps the purchase price at $450,000.

• 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?

Self-Help Enterprises Homeownership Program (San Joaquin Valley) serves buyers purchasing anywhere in California.

How do you apply?

Applications for Self-Help Enterprises Homeownership Program (San Joaquin Valley) 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 Self-Help Enterprises homebuyer education.

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.