The California Department of Housing and Community Development (HCD) has awarded a $2 million matching grant to HEART as part of its competitive Local Housing Trust Fund Program funded by Proposition 1C, the housing bond measure approved by state voters in 2006. The funds, which should be available in 2012, provide $700,000 for affordable rental housing loans and $1.3 million for downpayment assistance loans to low and moderate-income families.
Tag Archives | grants
"[I] would never have been able to own a home without the [First-Time Homebuyer] Program"
“Like an FHA loan, but more flexible for the condo we wanted….” ~Jennifer & Andrew
“With the money I saved through HEART, I have enough to fix up the house…” ~Krystal
April 28 @ 5:45 pm - 7:00 pm