Tri Counties Bank Homeownership Access Program

What is Tri Counties Bank Homeownership Access Program?

Tri Counties Bank Homeownership Access Program is a grant for homebuyers in Statewide, California.

• Lender-credit Special Purpose Credit Program targeted at majority-Black/Hispanic census tracts. Up to 3% / $7,500 credit for closing costs or discount points.
• Lender credit of 3% of loan amount (cap $7,500) for closing costs or rate buy-down. Special Purpose Credit Program for historically disadvantaged communities.
• Funding comes from Tri Counties Bank.

How much assistance does it provide?

Tri Counties Bank Homeownership Access Program provides assistance worth 0.03% of the purchase price, as set by the program.

• Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

Tri Counties Bank Homeownership Access Program is structured as a grant, so it is not repaid.

• Repayment is triggered by none (lender credit).
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Tri Counties Bank Homeownership Access Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Tri Counties Bank Homeownership Access Program limits household income to 1% of the area median income, which varies by county and household size.

• At or below 150% area median income.
• 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?

Tri Counties Bank Homeownership Access Program can be used for Single-family, Condo, Townhouse.

Where does it apply?

Tri Counties Bank Homeownership Access Program serves buyers purchasing in Statewide, California.

• The program targets specific areas: Majority Black/Hispanic census tracts in Tri Counties Bank assessment area.

How do you apply?

Applications for Tri Counties Bank Homeownership Access Program 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 with the provider 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.