The Economic Development Agency (EDA) has a program called the First Time Home Buyer (FTHB) program which provides down payment assistance that will allow qualified families to purchase a home.
What is the First Time Home Buyer Down Payment Assistance Program (FTHB)?
The Riverside County FTHB Program is designed to provide assistance to lower income persons in the purchase of their first home. Assistance may be provided for the down payment in the purchase of a home. The amount of assistance available depends upon the buyer’s qualifications and the price of the home. In general, a buyer may only receive what they need, up to 20 % of the purchase price of the home.
What is the First Time Home Buyer Closing Cost Assistance Program?
There is no closing cost assistance available for this fiscal year 2009-2010.
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