This program, administered by the SHRA, only applies to those in the city and unincorporated portions of Sacramento County (so not available in Citrus Heights, Elk Grove, Galt, Folsom, Rancho Cordova or Isleton) but it is a great deal for those that qualify in buying a home…
The CalHome Mortgage Assistance Program is a down payment assistance (DPA) program for low-moderate income buyers. The DPA equals a whopping 20% of the purchase price, up to $40,000!
The maximum purchase price is currently $199,000 and here are the income limits:
Please contact me if you have any questions about this fantastic program.