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Home Ownership Assistance
The Home Investment and Partnerships Act (HOME) programs are federally funded housing programs created as a result of the Cranston-Gonzales National Affordable Housing Act of 1990. The HOME Program serves individuals and households earning 80% or less of the area median income level established by HUD, who agree to reside in housing located within the County of San Bernardino HOME Consortium program area. The HOME Program area includes all unincorporated areas of the County, as well as most cities within the County of San Bernardino. HOME funds may NOT be used within the city limits of the following excluded cities: Fontana, San Bernardino, Upland, Ontario, Chino, Hesperia, and the town of Apple Valley.
The County utilizes HOME program funds to provide the following programs to
increase housing affordability and the rate of home ownership in the County.
The Homeownership Assistance
Program (HAP)
The Homeownership Assistance Program (HAP) serves households earning 35-80
percent of the area median income level established by HUD. Applicants must have
lived or worked in San Bernardino County for at least one year and not currently
own their own home. The prospective homebuyer must be able to contribute at
least three percent (3%) of the purchase price of the home, qualify for private
first mortgage financing, and make monthly payments on the first mortgage. This
program provides single family home ownership opportunities - the "American
Dream" of owning a home - through funding closing costs, down payments and gap
financing (the difference between the market value of the property and the sales
price that is affordable to the purchaser). HOME assistance is provided under a
deferred loan (Silent Second), secured by Deed of Trust. The property will be
the applicant's principal residence. Applications are accepted from prospective
buyers on a first- come first-served basis.
American Dream Downpayment Initiative
(ADDI)
The ADDI Program will be administered under the HOME Program Regulations, and
participants will be subject to the same income limits and purchase price limits
as the County’s existing HAP. Participants who qualify for ADDI may also use the
HAP to supplement the ADDI assistance. Similarly, HAP participants who also
qualify for ADDI may use both programs to maximize the amount of home ownership
assistance they can receive from the County.
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Housing Development Division |