California Dream for All Program offers shared appreciation loans to low- and moderate-income first-time homebuyers, with priority for descendants of.
The California Dream for All Program establishes a fund to provide shared appreciation loans to low- and moderate-income first-time homebuyers, aiming to expand homeownership and wealth accumulation. At least 10% of the fund is reserved for descendants of formerly enslaved people certified by the Bureau for Descendants of American Slavery. The program seeks to maximize household assistance, ensure sustainability, and protect consumers. It also explores selling subordinate second mortgages to generate additional funding.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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