CAFA's bond-funded MRB program: below-market first mortgage + 4-5% DPA tiered by FICO (640/660/680+). Forgivable second mortgage over 10 years. First-time homebuyer required (waived in targeted areas). 9-parish service area centered on East Baton Rouge.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on CAFA First Home: what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from June 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.