California program to help prospective homeowners with down payment

in Community/Housing

(KRON) – California will soon be rolling out a program that will help citizens pay for down payments. According to Zillow, the average house price as of Thursday in San Francisco is $1.4 million, and the surrounding Bay Area is not much cheaper.

“Plenty of clients who I would love to work with, who cannot come up with that down payment, do not have the family members who can help them, dying to get out of their rentals, but that is the stuck point… the down payment,” said Alexandra Stein with Corcoran Global Living.

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