Down Payment Assistance Program

First-time homebuyer? You may be eligible for a down payment grant.

DON'T MISS OUT! You may qualify for down payment assistance if you have not owned a home in the last three years and are looking to buy in California, Arizona or Nevada!

WISH Program1 Middle Income Program2
Grant up to $30,806 Grant up to $50,000
Households at or below 80% Area Median Income (AMI) Households between 80.01% and 140% of AMI
Household income up to $147,0003 Household income up to $258,0003

KeyPoint can help make your dream of homeownership a reality!

1The Workforce Initiative Subsidy for Homeownership (WISH) is a First-Time Homebuyer Program that offers matching grants to qualified first-time homebuyers. Program provides a one-time 4:1 match of the borrower's contribution towards down payment and closing costs. For example, a borrower must contribute $7,500 to qualify for a $30,000 grant. Maximum grant in 2024 is $30,806; max loan amount $766,550. Borrower contribution can come from household savings and/or gift funds. Other grants and/or credit/concessions from a party of the transaction are not considered homebuyer contribution. Must be first-time homebuyer according to FHLB definition and restricted to households at or below 80% Area Median Income, based on the location of the household's residence and adjusted for household size. To be eligible, participant must occupy property as a primary residence and complete a homebuyer counseling program provided by an experienced organization. Grant may be forgiven after five years of occupancy. 2The Middle Income Down Payment Assistance Program (MDPA) is a First-Time Homebuyer Program that offers matching grants to qualified first-time homebuyers. Program provides a one-time 5:1 match of the borrower's contribution towards down payment and closing costs. For example, a borrower must contribute $10,000 to qualify for a $50,000 grant. Maximum grant in 2024 is $50,000; max loan amount $1,149,825. Borrower contribution can come from household savings and/or gift funds. Other grants and/or credit/concessions from a party of the transaction are not considered homebuyer contribution. Must be first-time homebuyer according to FHLB definition and restricted to households with earnings between 80.01% up to 140% of Area Median Income, based on the location of the property to be purchased and adjusted for household size. To be eligible, participant must occupy property as a primary residence and complete a homebuyer counseling program provided by an experienced organization. Grant may be forgiven after five years of occupancy. 3Income limit applies to person(s) purchasing a home in Santa Clara County. Other counties have different limits.