Thank you for your interest in our Down Payment Assistance Program. The City of Riverside has recently been awarded a CalHOME Grant from the State of California Department of Housing & Community Development. As of October 3rd, 2016, funds are still available. Please contact a lender from our approved Lender list below in the Program Documents Box to get started.
|Program Income Limit|
In order to qualify for the DPA Program, the following must be met:
CalHome funded down payment assistance loans are provided at a three percent simple interest. The loans require no monthly payments. Repayment is deferred for 30 years, unless the borrower sells, transfers, refinances or converts the home to a rental property.
Maximum Down Payment Assistance
The maximum amount of assistance cannot exceed $50,000 or 25% of the sales price, whichever is less.
3900 Main Street 3rd Floor
Riverside, CA 92522
Phone: (951) 826-5371
|Monday - Friday||7:30 am - 5:00 pm|
|Closed Major Holidays|