California Homebuyer's Downpayment Assistance Program for First Time Home Buyers
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b) A legal citizen of the United State, a permanent resident or a qualified alien.

c) Satisfy the credit, loan, and income requirements that are set by CalHFA and the mortgage insurer

d) Able and willing to live in the AHPP-financed home until the end of the loan or until the house is refinanced or sold.

e) Willing to participate in a home buyer counseling program and must a have a certificate to verify it.

f) 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.

In terms of the property eligibility requirements, the borrower must choose a home that is:

1) Located in the State of California

2) Capable of becoming the borrower's primary residence

3) Priced within the limits set by CalHFA

4) Not larger than 5 acres

5) Categorized as a single family residence

6) A condominium or a unit in a planned unit development

In addition, borrowers under the CHDAP is also required to shell out a minimum contribution that is equal to 1% (or $1,000) of the total value of the property.

If you intend to read more about the California Homebuyer's Downpayment Assistance Program, you can visit http://www.calhfa.ca.gov/homebuyer/programs/chdap.htm.

California Homebuyer's Downpayment Assistance Program for First Time Home Buyers
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Additional Resources

category - Home Buying Programs

Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs
The CoC Homeless Assistance programs is designed to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

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First Time Homebuyer Programs in Virginia
In 1972, the Commonwealth of Virginia has constituted the establishment of the Virginia Housing Development Authority in an effort to respond to the needs of Virginians who seek quality, affordable housing.

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Down Payment Assistance Loan for First Time Home Buyers in New York
In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

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Homebuyer Mortgage Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been administering the Homebuyer Mortgage Program for First Time Homebuyers. The program is capable of offering home loans and below-market interest rates to first time homebuyers who reside in Connecticut and who are planning to acquire a property that is located in Connecticut.

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