(2006), "Do the GSEs matter to low-income housing markets? An assessment of the effects of the GSE loan purchase goals on California housing outcomes", Journal of Urban Economics, 59 (2006), 458-475.Bostic, Raphael W. and Stuart Gabriel, 2006. "Do the GSEs matter to low-income ...
City-specific homebuyer assistance programsCity of Los Angeles Housing Department (LAHD) Low Income Purchase Assistance (LIPA)LAHD provides deferred, zero-interest loans to help first-time, low-income buyers purchase homes in the city of Los Angeles. Borrowers can receive a loan equivalent to 5 ...
SACRAMENTO, Calif. (AP) — California cities will soon face more state scrutiny — and new penalties — for pushing back on housing and homeless shelter construction, according to a package of laws signed Thursday by Gov. Gavin Newsom.
Buying yourself time to repay cash assistance What you need to know: This is a deferred-payment subordinate loan that low- to moderate-income first-time home buyers in California can use to make a down payment or cover closing costs when taking a CalHFA mortgage loan. “Subordinate” means...
The state now has a $50 billion to $60 billion annual housing affordability gap. Virtually none of California's low-income and very-low-income households can afford the local cost of housing. Nearly 70 percent of...
revenue specifically for affordable housing and public infrastructure projects other than with a two-thirds vote. AB 2813 enacts further statutory provisions for the implementation of Proposition 5, including by defining housing, housing assistance programs and rehabilitation programs that are affordable ...
Bank Foundation are working to increase wealth-building opportunities for underserved communities, including low- to moderate-income communities and communities of color, with an emphasis on affordable housing development, homeownership and down payment assistance. “Creating equitable ...
Some Californians will be eligible to receive $2,000 to buy an e-bike in an effort to get more cars off the road and keep more money in their pocket. It also has great health benefits.
California first extended health care benefits to low-income children without legal status in 2015 and later added the benefits for young adults and people over the age of 50. Now the last remaining group, adults ages 26 to 49, will be eligible for the state's Medicaid pr...
Another state effort to create housing stability for low- to moderate-income Californians, created at the same time, launched much more quickly: Lawmakers authorizedCalifornia Dream for All, a downpayment assistance plan that covers up to 20% of a home’s cost for certain first-time homebuyers,...