CalHome Program

Purpose

Enable low- and very low-income households to become or remain homeowners.

Assistance Type and Terms

Grants to local public agencies and nonprofit developers to assist individual first-time homebuyers through deferred-payment loans for downpayment assistance, home rehabilitation, including manufactured homes not on permanent foundations, acquisition and rehabilitation, homebuyer counseling, self-help mortgage assistance, or technical assistance for self-help homeownership.  All funds to individual homeowners will be in the form of loans.  

Direct, forgivable loans to assist development projects involving multiple ownership units, including single-family subdivisions.

Loans for real property acquisition, site development, predevelopment, construction period expenses of homeownership development projects, or permanent financing for mutual housing and cooperative developments.

Project loans to developers may be forgiven as the loans convert into deferred payment loans to individual homeowners.

Assistance to individual households will be in the form of deferred-payment loans payable on sale or transfer of the homes, or when they cease to be owner occupied, or at maturity.

Note: CalHome does not lend directly to individuals.

Eligible Activities

Predevelopment, site development, and site acquisition for development projects.   Rehabilitation and acquisition and rehabilitation of site-built housing, and rehabilitation, repair, and replacement of manufactured homes.

Downpayment assistance, mortgage financing, homebuyer counseling, and technical assistance for self-help.

Eligible Applicants

Local public agencies and nonprofit corporations.

Regulations/Guidelines

• CalHome Final Guidelines (PDF)
• CalHome Draft Guidelines – track change version (PDF)
• CalHome Draft Guidelines (PDF) – 30-Day Public Comment Period ends July 9, 2019 at 5:00 p.m. Comments can be emailed to CalHome@hcd.ca.gov
• Statement of Reasons (PDF)
• CalHome Draft Guidelines Public Comment Presentation (PDF)
• CalHome Summary of Comments and Responses (PDF)
• State Regulations (PDF)

Get Funding

Applications are invited through the issuance of Notices of Funding Avaiability (NOFAs).

Current NOFAs

Reporting Requirements

Annual Reuse Report (XLS) must be submitted annually each year by July 31 for the 20-year Monitoring Agreement term with HCD. The Annual Reuse Report reports all activities from that previous fiscal year (July 1 – June 30). The report shall be submitted electronically to calhomereports@hcd.ca.gov.

Program Forms

Management Memos

There are currently no management memos for the CalHome Program on the website at this time.

Training and Technical Assistance

There are currently no CalHome Training and Technical resources on the website at this time.