Affordable Housing Partnership Program for the First Time Home Buyers in California
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3) Must satisfy the credit, loan, and income requirements that are set by CalHFA and the mortgage insurer

4) Must be willing and able to live in the AHPP-financed home until the end of the loan or until the house is refinanced or sold.

5) Must undergo a home buyer counseling program and must a have a certificate to verify it.

6) If the borrower is not a first time home buyer, he should be a veteran or a someone who is trying to acquire a home at a federally designated targeted area.

After which, if you are still interested in availing of the Affordable Housing Partnership Program, you will have to make sure that your chosen property will meet the following eligibility criteria:

1) The home should be located in the State of California.

2) The home should become your primary residence.

3) The actual price of the home should be well within the limits set by CalHFA.

4) The size of the property should not exceed 5 acres.

5) The home must be categorized as a single family residence.

6) Depending on the mortgage insurer, the home can also be a condominium or a unit in a planned unit development.

If you wish to know more about the Affordable Housing Partnership Program, you can check out http://www.calhfa.ca.gov/homebuyer/programs/ahpp.htm.

Affordable Housing Partnership Program for the First Time Home Buyers in California
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on home improvement grants and community grants.

Additional Resources

category - Home Buying Programs

First Time Homebuyer Programs in District of Columbia
The Department of Housing and Community Development, more commonly referred to as DHCD, is a local government agency in the District of Columbia that is primarily responsible for increasing quality housing and community development opportunities.

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Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
The Connecticut Housing Finance Agency has established the Mortgage Programs for Military, Police and Teachers so as to provide reasonable housing opportunities to veterans and active duty service members of the United States Military, the National Guard, along with teachers and police officers who are assigned in under-served areas.

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First Time Homebuyer Programs in Montana
The Montana Board of Housing, otherwise referred to as BOH, was primarily established to to provide decent, safe, sanitary and affordable housing for lower income individuals and families in the State of Montana.

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First Time Homebuyer Programs in Delaware
In the year 1968, The Delaware State Housing Authority was created as a public corporation under the Delaware State Department of Housing. The move was inspired by the need to address the concerns of the people in Delaware who seek homebuying-associated assistance.

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