First time homebuyers in California could receive up to $150k 👀

Doobie Doo

Veteran
Joined
May 2, 2012
Messages
58,029
Reputation
21,705
Daps
375,953
Reppin
Raleigh, NC
The system better not favor 'certain people' but everyone:mjpls:
15233-a34ce2c820f197996ee2e83d8f976842.jpg
Minority communities will get that money
 

Bunchy Carter

I'll Take The Money Over The Honey
Joined
May 19, 2014
Messages
19,753
Reputation
3,637
Daps
83,604
Reppin
Triple O.G. Bunchy Carter
California had this same program last march and it was a fumble, because the money was gobbled up by friends and family of the people who wrote this program and people who had connections, and they changed how people can recieve the funding.


This program is basically for immigrants, because if you had a parent who Ever owned a home in the United States of America, you are not eligible for this program:

Applications for the program are being accepted through April 29. A random lottery will decide who receives the money. Once they’re selected, applicants will have 30 days to find their home and get it under contract. Dream for All made its debut last March and was an instant hit (which is why the lottery pick method was introduced this year).

Eligible candidates must not only be a first-time homebuyer themselves, but also a first-generation homebuyer (meaning their parents do not own one in the U.S.). You have to be a California resident with a credit score of at least 680. You’ll need to make less than the income limit threshold, which varies from county to county, and plan to make the home your primary residence. In Los Angeles County, for instance, the median household income is around $83,000—and the limit is $155,000.


 

Kyle C. Barker

Migos VERZUZ Mahalia Jackson
Joined
Feb 5, 2015
Messages
27,622
Reputation
9,214
Daps
118,663
Brought to you by Bothsides Inc.


A wildly popular California down payment assistance program is back—but with a twist​


Watch "Liberal Hypocrisy is Fueling American Inequality. Here’s How. | NYT Opinion" on YouTube


California had this same program last march and it was a fumble, because the money was gobbled up by friends and family of the people who wrote this program and people who had connections, and they changed how people can recieve the funding.


This program is basically for immigrants, because if you had a parent who ever owned a home in the United States of America, you are not eligible for this program:

Applications for the program are being accepted through April 29. A random lottery will decide who receives the money. Once they’re selected, applicants will have 30 days to find their home and get it under contract. Dream for All made its debut last March and was an instant hit (which is why the lottery pick method was introduced this year).

Eligible candidates must not only be a first-time homebuyer themselves, but also a first-generation homebuyer (meaning their parents do not own one in the U.S.). You have to be a California resident with a credit score of at least 680. You’ll need to make less than the income limit threshold, which varies from county to county, and plan to make the home your primary residence. In Los Angeles County, for instance, the median household income is around $83,000—and the limit is $155,000.




This does admittedly suck
 
Top