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In partnership with the City of Morgan Hill, Housing Trust Silicon Valley, and the County, the City of Gilroy is hosting a Spanish online webinar to share information about the County's Empower Homebuyers Down Payment Assistance Program.
Webinar: Wednesday, May 3, 2023, 5:30 PM – 6:30 PM
Registration: Spanish Empower Homebuyers SCC 05.3.23 Webinar
As of March 3, 2023, the Empower loan program can now help first-time homebuyers with up to 30% of the purchase price of a single-family home, condo, or townhome in Santa Clara County. The maximum loan amount is $250,000 and there is no maximum purchase price. With only a 3% down payment required from the buyer, an Empower loan can provide up to 30% of the purchase price, making a 33% down payment on a home possible. As a 30-year deferred loan, no monthly loan payments are required.
This program is made for those with low to moderate incomes in the Bay Area. For example, with a household of four people, if your combined income is $202,200 or less, you may be eligible. If you want to buy a home just for yourself and make $141,550 or less, you could also qualify. Homebuyers must live or work in Santa Clara County.
To learn more, visit https://housingtrustsv.org/empower
For questions about the program, please contact Empower Homebuyers at EmpowerHomebuyersSCC@housingtrustsv.org or call: (408) 703-3837 Ext. 301.
Housing & Community Development
Monday - Thursday
8:30 a.m. - 4:30 p.m.
7351 Rosanna St.
Gilroy, CA 95020
Ph: 408-846-0451
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