Central Valley CONNECT Community Homeownership Initiative

The Central Valley CONNECT Community Homeownership Initiative is a comprehensive program designed to raise awareness and dispel the myths of purchasing a home in the Greater Central Valley Region. The Central Valley CONNECT Community Homeownership Initiative program is a partnership effort consisting of Federal Home Loan Bank of San Francisco, Central Valley REALTIST Board, STAND, and MUFG Union Bank. The initiative is designed with a high level of comprehensive Home Buyer Education & Counseling, Financial Literacy, First Time Home Buyer Workshops, Downpayment Assistance Programs & Grants, and Flexible Mortgage Products/Programs for the neighborhood communities of Greater Central Valley. 

The purpose of this innovative initiative is designed to increase the homeownership rate for Low-To- Moderate First Time Home Buyers in the Greater Central Valley Region.

The Central Valley REALTIST and STAND are providing online information and homebuyer workshops required to receive a certificate to access downpayment and closing cost assistance. They are also assisting perspective buyers locate homes. Through the WISH Program, FHLBank San Francisco, in partnership with Union Bank, will provide grants of up to $22,000 for downpayment and closing costs to qualified applicants earning up to 80% of AMI (about $69,000 for a family of four).

HOME BUYER ELIGIBILITY

The home buyer must:

  • Have successfully completed a home buyer counseling program.
  • Be a first-time home buyer
  • Meet income eligibility guidelines and is at or below 80% of the HUD area median income.

HOME BUYER WORKSHOP

SATURDAY JULY 17, 2021 @ 1:30 pm

  • Benefits of Homeownership
  • Credit: Building & Rebuilding
  • Steps to Homeownership
  • Downpayment Assistance Programs
  • Buying A Home in a Sellers Market

PARTNERS

Copyright © 2015 Central Valley Realtist Board of NAREB

Central Valley Realtist Board of NAREB is a Real Estate Trade Organizaiton

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