Shasta County Down Payment Assistance Program

What is the Down Payment Assistance Program?

Shasta County Housing and Community Action Programs provides 0% interest loans to qualified low-income, first-time home buyers to help with their down payment and closing costs.  

How much can you borrow?

The loan amount can be up to 40% of the purchase price.  At the maximum purchase price of $276,000, the DAP loan could be as much as $80,000.  The borrower must contribute at least 3% of the purchase price to the sale transaction. This may be a gift.

Who is eligible?

The program is available to first-time home buyers, who qualify under the following income guidelines.  Gross household income must be below these limits.

A first-time home buyer is someone who has not owned a home in the last 3 years, or who qualifies as a "displaced home-maker".

How do you apply?

• Contact a mortgage lender to obtain a pre-qualification letter.
• Visit the Department of Housing and Community Action Programs to place your name on the waiting list and pick up an application.
• Return the completed application along with the requested documentation to our office.