SDHC First-Time Homebuyer Program — Low Income

About This Program

The SDHC Low-Income First-Time Homebuyer Program provides a deferred loan of up to 19% of the purchase price (maximum ~$125,000) at 3% simple interest with no payments required for 30 years, plus a $10,000 closing cost grant that is forgiven. Income must be below 80% AMI and the purchase price must not exceed $883,025. No current funding as of February 2026.

Below 80% AMI; first-time buyer; must complete homebuyer education; no current funding — contact SDHC to join waitlist

Key Details

• Deferred 30-year loan — no payments unless you sell or move out
• Income below 80% AMI; max purchase price $883,025
• Additional $10,000 closing cost grant (fully forgiven)
• Must attend SDHC-approved homebuyer education course
• Currently no funding available — contact SDHC about waitlist

How to Apply

Deadline: Currently no funds available as of Feb 2026 — join waitlist