Not just for first-time homebuyers! Those looking to break the homeownership barrier in California can take advantage of our assistance programs to help with the down payment and closing costs.
We believe that homeownership can have a very positive impact on local communities and economies. We are proud to play a role in supporting affordable homeownership through a variety of financial assistance programs for homebuyers and homeowners.
Not just for first-time homebuyers! Those looking to break the homeownership barrier in California can take advantage of our assistance programs to help with the down payment and closing costs.
The GSFA Advanced Rebate Program provides up-front funding to Developers installing battery storage equipment for medically vulnerable or low-income homeowers in high fire threat areas of California.
Energy efficiency measures can increase property value, reduce electric bills, and create a more comfortable living environment. Check out our financing options to make it easier for commercial property owners to invest in energy efficiency.
We strive to provide the best homebuyer assistance programs possible, which means staying innovative and responsive to the needs of California homebuyers. That also means supporting our lending partners with quality and professional service.
(Program Updates for Lenders)
SACRAMENTO, CA, June 2, 2023 – Golden State Finance Authority (GSFA), a leader in housing finance in California, is celebrating its 30th anniversary supporting affordable housing. The Joint Powers Authority (JPA) has advanced homeownership opportunities to more than 85,000 individuals and families in California by delivering vital financial assistance to those lacking funds for the initial cash investment necessary in homebuying. Over the past 30 years, GSFA has provided over $660 million in down payment and closing cost assistance to California homebuyers and participated in over $15.6 billion in loan financing of first and second mortgages. [Read More]