This first-time homebuyer program is like winning the lottery

California to use lottery system to allocate $220 million in “Dream for All” shared appreciation loans that cover down payments for first-time homebuyers. Continue reading

California puts another $200M into shared appreciation loans

CalHFA’s Dream For All loan program for first-time homebuyers burned through the first $300 million funding round in less than two weeks. Continue reading

Housing counseling agency sues its founder for alleged fraud

The National Asian American Coalition said only a small percentage of the counseling sessions it billed California $12 million for was actually provided. Continue reading