New $150,000 Down Payment Assistance Program In Alameda County

ALAMEDA COUNTY, CA — In an effort to help people buy their first homes, Alameda County has launched a new down payment assistance program called AC Boost. It offers shared appreciation loans of up to $150,000 to first-time home buyers who live in, work in, or have been displaced from Alameda County.

Not all funds are earmarked, but there is a limited preference for First Responders and Educators. First Responders include Police, Fire, or Sheriff’s Department employees within Alameda County or those employed as an Emergency Medical Technician (EMT) or Paramedic with a service area including Alameda County. The Educator category includes being a full-time teacher, administrator, school district employee or staff member working for any Alameda County K-12 public school, which includes Charter schools and county/continuation schools, or community colleges and public universities within Alameda County, including extension campuses, or full-time licensed child care provider within Alameda County.

Eligibility requirements include:

• Alameda County Residency
• Displaced Households
• First Time Homebuyer
• Income Limits (Check the chart - you can probably earn more than you realize)
• Primary Residence
• Asset Limit

Read through eligibility requirements online.

If you are interested in applying for a loan, you may apply online. The application is free. The deadline is April 26.

If you are a lender or a Realtor, training sessions will be held on April 11. RSVP

If you have questions, you may call (510) 500-8840.

This program is funded by taxpayers through Measure A1.

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