My Word: One Bay Area Football Stadium Makes Sense
Rebecca on the Oakland Airport Connector
Home Buyers Assistance Program
Oakland Business Assistance Center
- Borrower must be a first-time homebuyer
- Applicant’s annual household income cannot exceed 100% of the Area Median Income
- Income of all household members 18 years or older must be considered
- Property must be located in Oakland
- Property must be a single family dwelling, including condos, townhouses, live/work units, and manufactured housing
- Satisfactory General Home Inspection
- Property must be used as primary residence
- Maximum Purchase price is $503,500
- Borrowermust be a current full-time Oakland Unified School District Teacher or a sworn Oakland Police or Fire Service Employee
- Borrower must be a first-time homebuyer
- Applicant’s annual household income cannot exceed 120% of the Area Median Income
- Income of all household members 18 years or older must be considered
- Property must be located in Oakland
- Property must be a single family dwelling, including condos, townhouses, live/work units, and manufactured housing
- Satisfactory General Home Inspection
- Property must be used as primary residence
- Loan funds must be used towards downpayment and/or closing costs
The City of Oakland recently increased the amount of funding in the Home Buyer Assistance Program. This program will help first time home buyers who need mortgage and/or downpayment assistance, for those who qualify.
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Requiremnts |
Requirements |
More information on the Home Buyer Assistance Program can be found HERE. To visit the Home Buy Assistance Program website click here.