2011 SRAR First-Time Homebuyer Grants Now Available for Public Safety Responders: 
The Southland Regional Association of REALTORS® is currently offering grants to qualified first-time homebuyers who are Public Safety Responders, have a low to moderate income-level, and purchase a home within the San Fernando or Santa Clarita Valley.
Click here to learn more and download the appropriate forms

Below are the programs in Los Angeles County.  Call for availability in surrounding counties such as Orange County and Ventura County. 

1. FHA (Federal Housing Administration) Loans – Offers a first mortgage with 3½ % down payment required and up to 6% in seller paid closing costs or repairs.
2. CalHFA Cal30-The Cal30 Conventional loan offers up to 95% financing. This first mortgage loan may also be combined with CalHFA junior loan programs for down payment and closing cost assistance to make owning your first home more affordable.
3. California Homebuyer's Downpayment Assistance Program (CHDAP) Offers a deferred-payment junior loan of an amount up to the lesser of three percent (3%) of the purchase price or appraised value.American Dream Down Payment Initiative (ADDI) - 6% Down Payment Assistance for Low Income First Time Homebuyers within the City of Los Angeles.
4. City of Los Angeles Housing Department’s Mortgage Credit Certificate(MCC) – Allows an eligible homebuyer to claim an annual federal income tax credit and is applied to a portion of the total mortgage interest paid every year for the duration of the first mortgage loan.
5. LA Housing Dept-NSP program—Provides funding for first time home buyers up to $50,000 for rehab repairs to buy bank-owned properties within specific “Priority” areas.