Neighborhood Housing Services of the Inland Empire (NHSIE) – NeighborWorks City of Rancho Cucamonga Down Payment Assistance Program

Program Summary

First Time Home Buyer Down Payment Assistance is available for First Time Home Buyers within the city limits of Rancho Cucamonga.

Program Details

Eligible Buyers: First Time Home Buyers – Can not have owned a home in past 3 years

Maximum Assistance: Up to $80,000

Income Limits:  90% of Area Median Income – Income Limits Here

Payments/Recapture: Silent Second no monthly payments.

Equity Share Component: If factors are triggered, family pays $80,000 plus the following: 15% of the equity if rent/sell/refinance with cash out prior to 30th anniversary.  10% of the equity of rent/sell/refinance with cash out between 30th and 45th anniversary.

Eligible Properties: Family must purchase an existing single family detached home.  Condominiums & town homes are permitted.

Eligible Cities/Areas: City limits of Rancho Cucamonga

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