We are excited to announce that the Dream For All Shared Appreciation Loan program will reopen this February.

Lenders and brokers can begin working with potential borrowers to prepare pre-approval letters and get buyers ready for the random selection process.

Program Highlights

• Offers up to 20% for down payment or closing costs, not to exceed $150,000

• Homebuyers must register for a voucher. A randomized drawing will select registrants who will receive the voucher. This will not be first-come, first-served.

Eligibility

• At least one borrower must be a first-generation homebuyer.

• At least one borrower must be a current resident of California.

• All borrowers must be first-time homebuyers.

• Income must meet CalHFA Income Limits for the county you are purchasing in.

Documents Needed

• California Dream For All (DFA) Lender Pre-Approval Letter

• Government ID: Passport, driver’s license, state-issued ID, military ID, permanent residence cards, visas, or employment authorization documents

• Foster care documentation (if applicable): Foster Care Verification Form/Letter or court documents

• The DFA Voucher application will require information for both parents of the designated first-generation borrower(s) including:

• Name

• Date of birth

• Date of death (if applicable)

• Current address

• Proof of parent relationship

• Birth Certificate

• Adoption papers

California Housing Finance Agency | www.calhfa.ca.gov