Residential

CalHome Program (CalHome) First Time Home Buyer (FTHB) Program using CalHome Funds

County of Riverside, State of California, California

Document Stage

Post-Decision

Description

The Department of Housing and Workforce Solutions is proposing to utilize and administer a grant of $3,307,500 in CalHome Program Funds to address financing gaps associated with the purchase of a home or provided as standalone assistance. Eligible residents will receive a one-time award amount not to exceed $200,000 and will be subject to resale restrictions wherein the homes may be sold to income eligible households at or below 80% of area median income for the County of Riverside in which a re...

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