CalHFA Dream For All (Shared Appreciation)

Overview

Up to 20% down payment help in exchange for sharing future appreciation — lottery-based program.

Detailed requirements

First-time buyer. Lottery selects participants. Up to 20% of purchase price as deferred second loan. Repaid with original principal + a percentage of any appreciation when sold/refinanced. Income limits apply by county.

Eligibility at a glance

First-time buyer required

Yes

Owner-occupied required

Yes

Homebuyer education required

Yes

Note: Lottery-based selection. Borrower repays principal + a share of appreciation when home is sold.