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California offers affordable loans again to first-time homebuyers, with a catch

Por: Los Angeles Times Nation January 20, 2024

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When the California Housing Finance Agency offered no-interest, no-monthly-payment loans last spring to help lower-income residents come up with a down-payment and fees to buy their first home, the entire budget of nearly $300 million was gobbled up in only 11 days. Lawmakers then steered an additional $225 million into the program during the state budget negotiations last year, and CalHFA is aiming to award those funds this spring. But there... + full article



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