During the last four decades, the California Housing Finance Agency (CalHFA) has committed $19.5 billion in first-time homebuyer assistance. Created in 1975, CalHFA is celebrating its 40-year anniversary at a time when affordability remains a prominent issue for low and moderate income families looking to buy their first home.
- Agency is nearing $20 billion in total commitments.
- The Bay Area is the most difficult region in California for first-time buyers.
- First time buyers with steady jobs and good credit should contact CalFHA.