Financial Assistance Program Directory - California Department of ...

Building Equity and Growth in Neighborhoods Program
(BEGIN)
Purpose
Assistance
Type
Terms
Reduces local regulatory barriers to affordable ownership housing, and
provides downpayment assistance loans to qualifying first-time lowand
moderate-income buyers of homes in BEGIN projects.
Grants to cities, counties, or cities and counties to make deferredpayment
second mortgage loans to qualified buyers of new homes,
including manufactured homes on permanent foundations, in projects
with affordability enhanced by local regulatory incentives or barrier
reductions.
Grants to cities, counties, and cities and counties.
Loans by grant recipients at simple interest to qualifying homebuyers,
not to exceed the maximum amount listed in the current Notice of
Funding Availability (NOFA). Note: HCD does not make BEGIN loans
directly to individuals. Individual loans are made by public and private
entities at the local level.
Eligible
Activities
Eligible
Applicants
Application
Procedure
Contact
Second mortgage loans for downpayment assistance to low- or
moderate-income first-time homebuyers. Eligible homes must be
newly constructed in projects facilitated by local regulatory incentives
or barrier reductions, and may include manufactured homes.
Cities, counties, and cities and counties.
Applications are invited through the issuance of Notices of Funding
Availability (NOFAs).
(916) 327-3646 or http://www.hcd.ca.gov/fa/begin/
Financial Assistance Program Directory 14
Division of Financial Assistance